News:
Brokerage
Posted: October 23, 2008
Sawyer Enterprises tops off the W Hotel and Residences in Boston
The final piece of steel was put in place at the city's newest luxury hotel, the W Hotel and Residences in the Theater District.
The "topping off" ceremony marks the end of steel construction on the building. Boston-based Sawyer Enterprises is developing the hotel, which will open in the summer of 2009 and bring 235 hotel rooms and 123 private residences to Boston.
The development team included development manager Jones Lang LaSalle, architects William Rawn Associates Architects Inc. and TRO Jung Brannen, interior designer Bentel & Bentel and the residential marketing and sales team of Otis & Ahearn Real Estate. The hotel will be managed by Starwood Hotels & Resorts.
Among those attending the ceremoney were mayor Thomas Menino and representatives from W Hotels Worldwide, Sawyer Enterprises, Bovis Lend Lease and Ironworkers Local 7. Ironworkers Local 7 made a donation to the neighboring Floating Hospital for Children at Tufts Medical Center as part of the ceremony.
MORE FROM Brokerage
Goldberg of Spire Investments purchases Beverly portfolio for $9.2m
Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
Quick Hits
Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.
The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.