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“This is the 4th hotel Hunter sold for Rockwood in 2018," says Teague Hunter, Hunter's president. "Its institutional-quality portfolio and sophisticated business style allowed the deal to move seamlessly through closing.”
The New York State Thruway Authority issued a traffic advisory warning motorists of heavy traffic delays in connection with the demolition that is scheduled to begin at 9: 30 a.m. on Jan. 12.
“Millennium offers significant near-term upside for an experienced owner like Morgan Properties to take advantage of all that Conshohocken has to offer,” says HFF's Doug Rodio.