Atlanta & Southeast News In Your Inbox

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Atlanta & Southeast  + Southeast  + Hospitality  | 
The Elks Building in New Bern, NC

Historic Elks Building in New Bern to Transform into Boutique Hotel

The Kessler Collection has purchased the Elks Building in New Bern, NC for $2.3 million amid plans to develop the property into a boutique hotel. The Beaux Arts building was constructed in 1908 by the Elks fraternity and has been vacant for a decade.

“The Kessler Collection is excited to watch this new vision come to life and bring the Kessler touch to the beautiful historic city of New Bern,” said Richard Kessler, chairman and CEO of The Kessler Collection. “By restoring this iconic landmark in the hub of downtown and adding another key historic preservation project within the collection, the dynamic growth furthers the luxury hotel collection’s position as a discernable leader in the boutique lodging industry.”

In addition to 50 guestrooms, the hotel will offer curated artwork and educational elements. Plans call for 1,500 square feet of meeting space and a specialty coffee shop and restaurant at street level.

Connect

Inside The Story

The Kessler Collection's Kessler

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition