Lenox Hotels Sold for $38M

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LENOX, Mass. — Two Lenox hotels on the Pittsfield Lenox Road have been acquired by a Denver hospitality company in a deal for $38 million. 
 
Mission Hill Hospitality, a KSL Capital Partners portfolio company, closed the sales on Aug. 11 for the Courtyard by Marriot Lenox and Hampton Inn & Suites Berkshires-Lenox from Toole Lodging Group.
 
"The Berkshires are a top drive-to-leisure destination in New England, filled with a rich history and an abundance of attractions bringing in tourists to Lenox year-round," said Mike Wilbert, managing director of Mission Hill Hospitality, in a statement announcing the purchases. "We are excited about the continued growth of our portfolio as we further expand into New England with these two assets."
 
The Courtyard by Marriot Lenox was opened in 2017 with 92 rooms at a cost of about $10 million. Situated on over 6.5 acres, it has a bistro that includes breakfast and all-day Starbucks coffee service. Other amenities include an outdoor fire pit, picnic and barbeque area, an indoor swimming pool and whirlpool, upgraded complimentary wi-fi, a fitness center, business center, a 1,394 square feet of meeting space, and an electric car charging station.
 
Hampton Inn & Suites Berkshires-Lenox was built in 2008 and its 79 rooms offer guests a mix of king spa, king, queen rooms and king studio suites, including accessible, connecting, and pet-friendly rooms. Guests enjoy complimentary breakfast, an indoor pool, fitness center, business center, and 912 square feet of event space. 
 
The Marriot was sold for $25 million and the Hampton Inn for $13 million, according to documents on file with the Registry of Deeds, to MHH Lenox 70 Holdings LLC and MHH Lenox 445 Holdings LLC, respectively. The properties were held by Toole doing business as Toole Properties 2006 Inc. and Brushwood LLC.
 
The Toole Lodging Group's other holdings are the Yankee Inn in Lenox and Yankee Suites Extended Stay in Pittsfield.
 
According to the company's website, Mission Hill is focused on "transforming select-service and extended-stay hotel investing." The two Lenox properties are the 22nd and 23rd hotels added to its portfolio since the company was launched last year.
 

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Dalton Select Board Argues Over Sidewalk Article

By Sabrina DammsiBerkshires Staff
DALTON, Mass. — A heated discussion concerning sidewalks during Monday night's Select Board meeting resulted in the acting chair calling a recess to cool the situation. 
 
The debate stemmed from the two articles on the town meeting warrant for May 6 at 7 p.m. at Wahconah Regional High School. 
 
One proposes purchasing a sidewalk paver for $64,000 so sidewalks can be paved or repaired for less money, but they will use asphalt rather than concrete. The other would amend the town's bylaws to mandate the use of concrete for all future sidewalks. 
 
The article on concrete sidewalks was added to the warrant through a citizen petition led by resident Todd Logan. 
 
The board was determining whether to recommend the article when member John Boyle took the conversation in a new direction by addressing how the petition was brought about. 
 
"I just have a comment about this whole procedure. I'm very disappointed in the fact that you [Logan] have been working, lobbying various groups and implementing this plan and filed this petition six weeks ago. You never had any respect for the Select Board and …" Boyle said. 
 
Before Boyle could finish his statement, which was directed to Logan, who was in the audience, Chair Joe Diver called point of order via Zoom. 
 
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