W BOSTON SELLS FOR $89.5 MILLION

BOSTON — Bethesda, Md.-based Pebblebrook Hotel Trust has acquired the 235-room W Boston hotel for $89.5 million from Starwood. The hotel is located in the Theatre District and features 5,000 square feet of meeting space, a spa and fitness center. Also in the hotel are two restaurants, Market and W Lounge, with a third, Descent Theme Bar, scheduled to open in July. Starwood Hotels and Resorts will continue to manage the property. No brokers were used in the transaction.