Philadelphia-based Hersha Hospitality Trust has acquired the Envoy Hotel in Boston’s Seaport District from developer Norwich Partners.
The sales price was $112.5 million or $827,205 per room, according to David Leatherwood, CEO of Norwich Partners.
The 136-room property at 70 Sleeper St. opened in June 2015 and includes the Outlook Kitchen and Bar and the 4,000-square-foot Lookout rooftop bar.
Norwich Partners acquired the parcel in December 2011 for just under $9 million from MS Seaport Block A LLC.
Hersha in January acquired the 121-room Best Western Plus Hotel on Alewife Brook Parkway in Cambridge for $29.8 million with plans for capital improvements. HHT has a portfolio of 115 hotels nationwide, including eight in Greater Boston.
This story has been updated since it was originally published.