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Normandy Real Estate Partners has recapitalized its 191-room Hotel Indigo in suburban Boston with Wellesley Hills, MA-based Mark Development.
Normandy Real Estate Partners, of Morristown, NJ, paid a little more than $14.5 million back in 2006 to acquire the 1930s-era hotel located at 399 Grove St. in Newton, MA. The hotel features 1,621 square feet of meeting space, the Bokx 109 American Prime restaurant, Bokx Café, a pool and a fitness center…
Article From: "Key Realty Commercial Real Estate News" Read full article