The Burger King property at Cedar Crest and Hamilton boulevards in South Whitehall has been sold to a new entity called "Hotel Hamilton LLC," according to the commercial real estate firm involved in the sale.
Bill Plasha, who chairs the commercial group of Prudential Patt White Real Estate, said Tuesday the new owner will "land bank" the property for now, but there's a "good chance" it will eventually build a hotel at the site.
"I would think so," given the name of the new entity, said Plasha. "It would only stand to reason."
Plasha did not disclose the principals in Hotel Hamilton but said those involved own hotels in the Lehigh Valley and New Jersey. He did not disclose the sale price but said it was close to the $1,899,000 asking price.
Online Lehigh County assessment records did not yet show the transaction.
Plasha said the sale was finalized May 22.
Plasha said Hotel Hamilton purchased nearly 5 acres, including the site of the former Burger King, which had access on both Cedar Crest and Hamilton boulevards, and an adjacent site that once housed a Carvel, then video store, fronting Hamilton Boulevard. (The smaller building is now covered with graffiti.)
Bob Van Duzer, who had owned the Burger King franchise, had abruptly closed the fast-food restaurant on Nov. 19.
The property is along a busy section of Hamilton Boulevard, lined with restaurants, hotels and other businesses.
According to state business filings, Hotel Hamilton's address is that of Atul Patel. Patel is chief executive officer of HMB Management Inc., a development company in Upper Macungie that specializes in the management of hotels and commercial real estate investments, including the Holiday Inn Express at 3620 Hamilton Blvd., South Whitehall.
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