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News release

BOSTON

Cambridge Discovery Park Welcomes Sophisticated New Hotel

The AC Hotel Boston Cambridge is the newest amenity at the 27-acre Cambridge campus


BOSTON, MA, November 29, 2016 – The Bulfinch Companies is pleased to announce the recent opening of the newly constructed AC Hotel Boston Cambridge at its 820,000-square-foot laboratory, office and technology campus, Cambridge Discovery Park (CDP). This is just the second AC Hotel, owned and operated by Colwen Hotels, opened in the Boston area and the 13th opened in the United States. 

The four-story establishment features 150 stylish guest rooms, 3,600 square feet of meeting space, an outdoor patio with fire pits and lounge seating, indoor saltwater pool and a state of the art fitness center.  Park tenants and hotel guests will enjoy signature art and spaces, designed by Barcelona's Antonio Catalan, throughout the hotel including the AC Kitchen, AC Library, and AC Lounge. 

"Cambridge Discovery Park is an ideal location for an innovative boutique hotel like AC Hotels By Marriott," said Bulfinch SVP, Director of Leasing Michael Wilcox. "We are pleased to bring a world-class hotel to the Park not only for our tenants, but for the surrounding community who will also benefit from its easily accessible location and cutting-edge services and amenities." 

The AC Hotel Boston Cambridge is located within Cambridge Discover Park, a world class, 27-acre office and research campus in Cambridge. CDP currently features 400,000 square feet in three state-of-the-art buildings and a

parking garage, an abundance of lush green space, powerful infrastructure and public utilities. Surrounded by Alewife Brook Reservation, it is one of the largest campuses in Cambridge and a true urban oasis. Approximately 250,000 sf of new lab, R&D, and first class office space has been permitted and is a tremendous build-to-suit opportunity within the Park. CDP is easily accessible by foot or a short five-minute shuttle ride from the Alewife MBTA Red Line Station, twenty minutes from Boston and Logan Airport, and just nine minutes to Route 128. 

"We are excited to see the completion of this next phase of development at Cambridge Discovery Park," said JLL Managing Director Pete Bekarian. "The visionary team at Bulfinch has continued to position the campus as one of the leaders in this region, and this is just the latest in what has become a robust list of amenities at the park." 

In addition to the new AC Hotel, Cambridge Discovery Park's other amenities include: outdoor seating, an on-site café, a full service fitness and yoga center, Zagster bike-sharing, Zipcar, multiple bike racks, electric car charging stations, garage parking, ATM banking, and a new riverfront park. 

JLL's leasing team is led by Bekarian, Managing Director John Osten, and Executive Vice President Molly Heath. 

About The Bulfinch Companies, Inc.
Bulfinch is an entrepreneurial, value-added real estate investment firm
specializing in the development, acquisition, management, and
repositioning of commercial properties in Greater Boston. Since its
inception in 1936, Bulfinch has developed, acquired and repositioned more than $1
billion in commercial real estate. www.bulfinch.com 

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate.  JLL is a Fortune 500 company with, as of December 31, 2015, revenue of $6.0 billion and fee revenue of $5.2 billion, more than 280 corporate offices, operations in over 80 countries and a global workforce of more than 60,000.  On behalf of its clients, the company provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. As of September 30, 2016, its investment management business, LaSalle Investment Management, has $59.7 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.