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Courtyard Boston Downtown – Image Credit JLL
JLL’s Hotels & Hospitality Group, as sole and exclusive advisor, presents for sale the fee simple interest in the 315-room Courtyard Boston Downtown. The Property also includes 12,684 square feet of meeting space and approximately 46,000 square feet of leased retail space. The Hotel benefits from a core location in Downtown Boston’s Theater District, steps from the Boston Common and all of the city’s diverse leisure, corporate, and convention demand generators. The historic Hotel currently operates subject to a brand management agreement expiring January 2, 2026. As such, the Hotel presents investors with extremely rare optionality in the high-barrier Boston lodging market.
Investment highlights
- Core Downtown Boston Location
- One-of-a-Kind, Historic Hotel Asset
- In-Place Retail Income
- Strong Boston Lodging Fundamentals, High Barriers to Entry with No New Supply
- Business Plan Optionality
- In-Place Cash Flow with Significant Upside
- Attractive Basis, Discount to Replacement Cost
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