Moxy Boston Downtown_Property for Sale
Moxy Boston Downtown_Property for Sale

Moxy Boston Downtown

240 Tremont St, Boston, MA, 02116-4711, US

Asset Description

JLL’s Hotels & Hospitality Group, as sole and exclusive advisor, is pleased to present for sale the exceedingly favorable leasehold interest in the 340-room Moxy Boston Downtown (the “Hotel” or “Property”).


Completed in 2019 and officially opened in October of the same year, this 24-story Hotel stands as a beacon in Downtown Boston’s vibrant Theater District. Its prime location, mere steps from the iconic Boston Common, places it at the heart of the city’s diverse leisure, corporate, and convention demand generators. As the newest Marriott offering in Boston, this Hotel delivers an invigorating, contemporary experience for guests. The Property boasts an array of compelling features, including guestrooms with breathtaking city and river views, Bar Moxy (leased) as an engaging social hub, and a panoramic rooftop event space offering sweeping views of Boston’s skyline. Other amenities include a fitness center, a business center, and approximately 1,700 square feet of meeting space.


The Hotel offers investors an exceptional opportunity to acquire an institutional-quality asset centrally located in the high-barrier Boston lodging market and at a significant discount to replacement cost. Investors will benefit from significant operational upside and numerous value-add opportunities.

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Attributes

Keys
340
Year built
2019
Number of floors
24
Building area gross
13,006 m²
Tenure
Leasehold

Media

Investment Highlights

  1. BRAND-NEW, INSTITUTIONAL-QUALITY HOTEL
  2. BREATHTAKING CITY AND RIVER VIEWS
  3. CORE DOWNTOWN BOSTON LOCATION
  4. THE NEWEST MARRIOTT-BRANDED HOTEL IN BOSTON
  5. STRONG BOSTON LODGING FUNDAMENTALS, NO NEW SUPPLY
  6. SIGNIFICANT DISCOUNT TO REPLACEMENT COST
  7. FAVORABLE LONG-TERM GROUND LEASE
  8. IN-PLACE CASH FLOW WITH OPERATIONAL UPSIDE
  9. VALUE-ADD / UPSIDE OPPORTUNITIES
Moxy Boston Downtown 4_Property for Sale
Moxy Boston Downtown 4_Property for Sale

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Moxy Boston Downtown (0 Properties)

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Last updated
19 Mar 2025