{"id":1004260712,"date":"2018-08-29T04:17:02","date_gmt":"2018-08-29T12:17:02","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004260712"},"modified":"2019-03-31T23:51:51","modified_gmt":"2019-04-01T07:51:51","slug":"claremont-acquires-downtown-boston-hotel","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/claremont-acquires-downtown-boston-hotel\/","title":{"rendered":"Claremont Acquires Downtown Boston Hotel"},"content":{"rendered":"<div id=\"attachment_1004260715\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Residence-Inn-Boston-Downtown-Seaport.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004260715\" data-attachment-id=\"1004260715\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/claremont-acquires-downtown-boston-hotel\/residence-inn-boston-downtown-seaport\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Residence-Inn-Boston-Downtown-Seaport.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Residence Inn Boston Downtown Seaport\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Residence Inn Boston Downtown Seaport&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Residence-Inn-Boston-Downtown-Seaport.jpg?w=800\" class=\"wp-image-1004260715 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Residence-Inn-Boston-Downtown-Seaport.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Residence-Inn-Boston-Downtown-Seaport.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Residence-Inn-Boston-Downtown-Seaport.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Residence-Inn-Boston-Downtown-Seaport.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004260715\" class=\"wp-caption-text\">Residence Inn Boston Downtown Seaport<\/p><\/div>\n<p>Claremont Cos. has acquired the Residence Inn Boston Downtown Seaport, located in Boston&#8217;s neighborhood of Fort Point. HFF represented the seller, Norwich Partners, in the transaction.<\/p>\n<p>Boston Wharf Co. built the property, located at 370 Congress St., in 1901 as The Stillings Building. The asset was then redeveloped as an adaptive reuse project in 2013, keeping the historic architectural details and incorporating the brick, post and beam decor. The hotel offers 120 loft-style suites that include 12-foot ceilings, wooden beams, fully equipped kitchens, exposed brick walls and oversized windows. The hotel&#8217;s public space is wrapped around a six-story atrium topped with a glass skylight. Guest have access to amenities including:<\/p>\n<ul>\n<li>meeting space<\/li>\n<li>sundry shop<\/li>\n<li>business center<\/li>\n<li>fitness center<\/li>\n<li>free Wi-Fi<\/li>\n<li>two restaurants: Caffe Nero and sweetgreen&nbsp;<\/li>\n<\/ul>\n<p>The HFF investment advisory team included Managing Director Denny Meikleham, Senior Director Alan Suzuki and Director Matthew Enright. In March, the team also facilitated the sale of the <a href=\"https:\/\/www.commercialsearch.com\/news\/hilton-garden-inn-changes-hands-in-maine\/\">99-key&nbsp;Hilton Garden Inn&nbsp;Freeport Downtown<\/a>, in Freeport, Maine. AAM 15 Management LLC purchased the asset&nbsp;from&nbsp;Dover Properties.<\/p>\n<p><em>\u201cThe Residence Inn\u2014Seaport is a generational asset,&#8221; <\/em>Meikleham told <em>Commercial Property Executive. &#8220;It\u2019s considered one of the finest historic rehabs in Boston, has one of the best guest room products in the city, is one of the most successful Residence Inn\u2019s in the entire chain, and is located in the center of Seaport within an easy walk to restaurants, offices and the convention center. It really doesn\u2019t get any better than that.\u201d<\/em><\/p>\n<p>Residence Inn Boston Downtown Seaport is within close proximity to the Financial District, South Station, Back Bay, Cambridge and Logan International Airport. The surrounding area has also been transformed into a 24-hour live-work-play environment and offers access to restaurants, office space, museums, art galleries and multifamily communities. Local attractions include the Boston Museum of Science, Fenway Park, Faneuil Hall Marketplace, Franklin Park Zoo and New England Aquarium.&nbsp;<\/p>\n<p><em>Image courtesy of HFF&nbsp;<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston Wharf Co. built the asset in 1901 as The Stillings Building. The property, redeveloped in 2013 as an adaptive reuse project, now offers 120 loft-style suites.<\/p>\n","protected":false},"author":746,"featured_media":1004260715,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1490,21743,21751,21783,21742,10],"tags":[44990,35520,32792,41789],"class_list":["post-1004260712","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-boston","category-deals","category-hotel","category-investment","category-latest","category-northeast","tag-aam-15-management","tag-denny-meikleham","tag-hff","tag-norwich-partners"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Claremont Acquires Downtown Boston Hotel - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/claremont-acquires-downtown-boston-hotel\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Claremont Acquires Downtown Boston Hotel\" \/>\n<meta property=\"og:description\" content=\"Boston Wharf Co. built the asset in 1901 as The Stillings Building. 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