HHM now owns and manages the Best Western Tria in Cambridge, Mass. The company plans to renovate the 121-room property, with upgrades to the guestrooms, public areas and exterior façade.
The Best Western Tria marks HHM’s eighth hotel in the Boston area, including the Boxer in the historic North End, the Courtyard Brookline and the nearby Holiday Inn Express Cambridge. The newly-acquired hotel was fully rebuilt in 2009 and now includes a Starbucks and an upgraded fitness center.
HHM’s acquisition was led by Shawn Tuli, VP of acquisitions and development, who grew up as a Cambridge local and is also an alumnus from nearby Harvard Business School.
The hotel is located in the Alewife neighborhood of West Cambridge and is close to Harvard University, MIT, Tufts, Boston University and Lesley University. West Cambridge has high barriers to entry, and exhibits residential, retail and office characteristics with tenants such as Forrester Research, headquartered a short distance from the hotel.
The hotel is also in close proximity to Boston’s prominent red line, providing easy access to the city’s most trafficked locations, such as Harvard Square, Boston Common, and South Station.