IQHQ Acquires Buckminster Hotel Corp In $42.5M Boston Hotel Sale

The Buckminster Hotel in Boston, Massachusetts has recently been sold for a staggering price of $42,500,000. Situated at 645 Beacon St, this hotel property has proven to be an attractive investment opportunity in the bustling Boston market.

Summary of transaction details

• Property Type: Hotel
• Sale Price: $42,500,000
• Number of Keys: 132
• Price Per Key: $321,970

IQHQ, represented by John Bonanno, emerged as the buyer of this prime hotel asset. On the other hand, the seller of the Buckminster Hotel was Buckminster Hotel Corp. This significant transaction marks a promising move for IQHQ, indicating their continued interest and investment in the Boston real estate market.