Hotels & hospitality

560 Commonwealth Avenue Hotel Development Site

560-574 Commonwealth Avenue Boston, MA United States 02215
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 2021
Building Area
Occupancy 71.0 %

Property Description

Currently improved with a one story building leased to Citizens Bank, the development program calls for reconfiguring Kenmore Square to create a 27 story tower with 389 guest rooms and a new pedestrian plaza. The Hotel at 560 Commonwealth Avenue offers investors the opportunity to bring to life Studio Gang’s distinctive architecture & design at the gateway to Boston’s Back Bay. The Project is offered unencumbered by a brand offering investors complete flexibility to position the Hotel as a market-leading luxury or boutique Hotel.

Investment Highlights

HFF has been exclusively retained to secure either a purchaser or joint venture partner for 560 Commonwealth Avenue, an iconic hotel development opportunity located at the heart of Boston’s Kenmore Square and in close proximity to Boston University and Fenway Park.
Denny Meikleham
Denny Meikleham
Managing Director, Capital Markets
License details
RI-REB.0017202 MA-9519748
Alan Suzuki
Alan Suzuki
Senior Director, Capital Markets

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