Electra America Acquires 225-Key Hotel In Boston, MA From Loews Corp For $116.6M

154 Berkeley Street

Hotel

73,350 SF

Sold 1 year ago

Summary

Sale

MASSACHUSETTS

Hotel

73,350 sqft

The Hotel property located at 154 Berkeley St in Boston, MA was recently sold for a total price of $116,600,000. The property consists of 225 keys and spans a total area of 73,350 square feet. The sale price per square foot was approximately $1,590.

Summary of transaction details

Property Type: Hotel
Transaction Amount: $116,600,000
Address: 154 Berkeley St, Boston, MA
Market: Boston, MA
Keys: 225

The buyer in this transaction was Electra America Hospitality Group, represented by Russ Urban. The seller was Loews Corp.

Details

Deal Summary

SOLD

IMAGE: Russ Urban DATE: 08/17/2022 ADDRESS: 154 Berkeley St MARKET: Boston, MA ASSET TYPE: Hotel ~ KEYS: 225 BUYER: Electra America Hospitality Group - Russ Urban SELLER: Loews Corp SALE PRICE: $116,600,000 SF: 73,350 ~ PPSF: $1,590

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Address154 Berkeley Street

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