Category : dr. bharat sangani

Encore Hospitality Adds Braintree Hotel to Portfolio

Hampton Inn, Braintree

(Braintree, MA) July 13, 2017 – Encore Hospitality, LLC, a subsidiary of Encore Enterprises, Inc., is pleased to announce it has purchased a Hampton Inn hotel in Braintree, Massachusetts. The 4-story, 103-room hotel currently operates as a Hampton Inn, but will be extensively renovated to achieve Hilton brand standards.

“We are excited to acquire this new hotel for our growing portfolio,” said Chairman of Encore Enterprises, Inc. Dr. Bharat Sangani. “By renovating the hotel, we will strengthen our relationship with the Hilton franchise and increase satisfaction for the hotel’s customers.”

Encore plans to invest around $25,000 per room to completely renovate all aspects of the hotel including guest rooms, meeting rooms, lobby, lounge, exterior of the building, landscaping, and the pool area.

Located in Braintree, MA, the Hampton Inn is positioned off of a major intersection that provides convenient access to Downtown Boston as well as Cape Cod.

“Since this property is only one of two Hilton-branded hotels in the entire tri-city of Braintree, Canton, and Quincy, we are creating a better option for customers by renovating,” said Glenn Pedersen, President of Encore Hospitality. “We look forward to investing in the renovation of the hotel so it can add to the amenities offered by Hilton’s incredibly high distribution of units that makes it such a sought-after brand.”

About Encore Enterprises, Inc. – Encore Enterprises, Inc. is a privately owned national real estate company founded in 1999 with corporate headquarters in Dallas, Texas. Encore develops, acquires, and manages hotels, multi-family communities, retail shopping centers, commercial offices, and public-private mixed use developments. For more information, visit Encore Enterprises, Inc., or call (214) 259-7000.

About Encore Hospitality, LLC – Encore Hospitality, LLC is a subsidiary of Encore Enterprises, Inc., and was founded in 1999 as a fully integrated, hospitality acquisition, development and asset management company focusing on the upper mid-priced, nationally branded select-service and full-service hotel sector. For more information, visit Encore Hospitality, LLC, or call (214) 259-7000.

Encore Office Closes on Intech 12 Office Building in Indianapolis, IN

(Dallas, Texas) March 11, 2014 – Encore Office, LLC a division of the Dallas-based Encore Enterprises, Inc., has closed on the Intech 12 office building, a 2-story, 140,368 square foot office building in Indianapolis, Indiana. Atlanta-based Wells Management Company sold the building to a joint venture between Encore Office and Middleton Partners, LLC of Northbrook, Illinois.

“We are extremely excited about the addition of Intech 12 to our office portfolio. With the quality of construction, layout of the building, and favorable highway access, Intech 12 will appeal to tenants seeking larger space and dense parking requirements” said Mark Cypert, President of Encore Office.

Situated in the southwest quadrant of West 71st Street and Interstate 465 in the Indianapolis metro area, the Intech 12 building includes roughly 15,000 square feet of warehouse space.

From 2003 to August 2013, Eli Lilly and Company’s information technology department occupied the building. Constructed in 2000, the entirety of the building is currently available for lease.

“We are tremendously pleased with Encore Office’s expansion into the Indianapolis market, as Encore continues to strategically grow its office portfolio” said Bharat Sangani M.D., Chairman of Encore Enterprises.

About Encore Enterprises, Inc.

Encore Enterprises, Inc. is a privately owned national real estate company founded in 1999 with corporate headquarters in Dallas, Texas. Encore develops, acquires, and manages hotels, multi-family communities, retail shopping centers, commercial offices, and public-private mixed use developments. For more information about Encore Enterprises, Inc., visit encore.bz or call (214) 259-7000.

About Encore Office, LLC.

Encore Office, LLC is a privately held commercial real estate company focused on the acquisition, ownership, redevelopment and asset management of class “A” commercial office buildings across the United States. For more information about Encore Enterprises, Inc., visit encore.bz or call (214) 259-7000.