Eurostars Hotel Co Acquires Boxer Boston Hotel From Hersha Hotels & Resorts For $23.63M
Massachusetts
See Similar DealsEurostars Hotel Co Acquires Boxer Boston Hotel From Hersha Hotels & Resorts For $23.63M
107 Merrimac Street
See Similar DealsSummary
The Boxer Boston hotel, located at 107 Merrimac Street in Boston, MA, is a hotel asset featuring 80 rooms. The property was involved in a transaction where it was sold for $23,630,000, equating to a per room price of $295,375.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $23,630,000
- Buyer: Eurostars Hotel Co
- Seller: Neil H. Shah - Hersha Hotels & Resorts
- Broker Representatives: Alan Suzuki, Matthew Enright & Emily Zhang - JLL
- Number of Keys: 80
- Price per Key: $295,375
Eurostars Hotel Co, representing the hotel arm of Spain’s Grupo Hotusa, acquired the property from Hersha Hotels & Resorts, which is led by Neil H. Shah. The transaction was facilitated by brokers Alan Suzuki, Matthew Enright, and Emily Zhang from JLL, who represented the parties involved in the deal.
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