Hunter Advisors has been retained as the exclusive advisor to solicit offers on the 150-room AC by Marriott Hotel located in Bridgewater, New Jersey. The institutional quality hotel opened in January 2020 and is situated on an expansive 5-acre parcel which includes the triple-net-leased Tommy’s Tavern and Tap Restaurant. The hotel sits at the center of Somerset Corporate Center, a Class A, 1.2 million-square-foot master-planned campus featuring a dense concentration of prominent companies across the pharmaceutical, financial services, and technology sectors, as well as a 130,000-square-foot Lifetime Fitness Center.
- Attractive lifestyle positioning and Marriott brand affiliation
- High-quality steel and concrete asset delivered in January 2020
- Top performing hotel within its competitive set resulting in strong in-place cash flow
- Direct guest access to the long-term triple-net-leased Tommy’s Tavern and Tap Restaurant, providing a consistent ancillary income stream
- Robust amenities package including an expansive AC Kitchen & Lounge lobby bar, a fitness center, business center, library, covered outdoor patio with firepit, and The Bradford, a custom 7,000-square-foot rooftop F&B outlet
- Situated among a prominent corporate demand base including numerous Fortune 500 companies
- Located just off US Route 202 and approximately 45 minutes from New York City
