CRDC Announces Sale of Historic Motel Hi-Ho in Fairfield, CT

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Charter Realty & Development is pleased to announce the sale of the historic Hi Ho Motel in Fairfield, CT. Charter acted as the sales agent for the transaction of this 1.9 acre property. Motel Hi Ho, also known as the Merritt Parkway Motor Inn, is a 24,919 sf motel located at 4180 Black Rock Turnpike. Perched atop a hill, at the North end of Fairfield, Hi Ho is conveniently located just off the Merritt Parkway at exit 44. Capital Workforce Partners, the new owners of this community landmark, will be renovating the 40 unit motel, which was built in 1960. The motel’s celebrated restaurant, Barcelona, is one of the most popular culinary destinations in Fairfield. Barcelona will remain open for business.

Charter Realty & Development currently owns and leases over 12 million square feet of space throughout the northeastern United States. Charter prides itself on, and continually strives to maintain the integrity of its relationships with both Landlords and Tenants alike. For more information on Charter and it’s available spaces, please visit www.chartweb.com or call (203) 227-2922