Done Deals: HFF closes $112.5 million sale of The Envoy Hotel, a Marriott Autograph Collection hotel in Boston, MA

Tuesday, August 2, 2016

HFF closes $112.5 million sale of The Envoy Hotel, a Marriott Autograph Collection hotel in Boston, MA

Denny Meikleham

BOSTON, MA –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the $112.5 million sale of The Envoy Hotel, an iconic, full-service, 136-room boutique hotel in Boston’s Seaport District.

HFF marketed the property on behalf of the seller, Norwich Partners.

Completed in June 2015, the four-diamond, AAA-rated Envoy Hotel has become one of Boston’s most popular hotels. The Envoy Hotel is located at 70 Sleeper Street at the nexus of Boston’s Seaport and Financial District.

The hotel is adjacent to numerous corporate demand generators, including Vertex Pharmaceuticals, PriceWaterHouseCoopers and the new GE Corporate Campus, as well as numerous office, residential and retail projects.

Additionally, the hotel is within walking distance to more than 10 major tourist attractions, more than 25 restaurants and the Boston Convention & Exhibition Center. Logan International Airport is also easily accessible via water taxi or via the Ted Williams Tunnel.

The hotel features two food and beverage outlets, Outlook Kitchen + Bar, the hotel’s signature restaurant; and the popular Lookout Rooftop Bar, which is the only rooftop venue in the city providing views of the Boston skyline and the waterfront.