Egeria US Real Estate Acquires Hotel In Boston, MA For $57M

The property asset involved in this transaction is a hotel located at 170 Charles Street in Boston, MA. The hotel spans approximately 36,000 square feet and was sold for a total price of $57,000,000. The price per square foot was calculated to be $1,583. The sale took place on 10/12/2023.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $57,000,000
• Square Footage: 36,000
• Price Per Square Foot: $1,583
• Address: 170 Charles Street, Boston, MA
• Market: Boston, MA

The buyer in this transaction is Egeria US Real Estate, represented by Chris Konrad. The seller is Related Beal. The brokers involved in the deal were Kevin Benzinger, Jason Weissman, and Ryan McDonald from Boston Realty Advisors.