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| Courtyard Boston South Boston, a 164-key select-service hotel in Boston, MA |
BOSTON, MA – JLL Capital Markets has closed the sale of Courtyard Boston South Boston, a 164-key select-service hotel in Boston, Massachusetts. The price was not disclosed.
JLL represented the seller, Hersha Hospitality Trust.
The
JLL Capital Markets Investment Sales Advisory team representing the seller was
led by Managing Director Alan Suzuki and Senior Director Matthew
Enright.
“This transaction coincides with a strong recovery in
operating fundamentals in Boston as market RevPAR has well-exceeded
pre-pandemic levels in the past few months,” said Suzuki.
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| Alan Suzuki |
Courtyard Boston South Boston opened in 2005 under the Courtyard by Marriott brand, one of the most prominent select-service brands in the world.
The six-story hotel includes a fitness center, business center, guest laundry, sundry and 625 square feet of meeting and event space.
In addition, the hotel has an on-site restaurant serving a variety of
breakfast and dinner options as well as a 6,000-square-foot retail space.
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| Matthew Enright |
As a result, guests can easily access the city’s most desirable neighborhoods, including downtown Boston, the Seaport District, Back Bay, South End, Longwood Medical Area and Fenway.
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please visit our newsroom.
CONTACT:
Cierra Lacasse
JLL Associate
Public Relations
Phone: +1 602 648 8701
Email: Cierra.Lacasse@jll.com
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