Real Estate
Got $125 Million? The Taj Boston is for Sale
In case you're eyeing the Boston real estate market right now.
Boston, MA - The Back Bay's Taj Hotel is on the market, up for sale for anyone with a spare $125 million or more.
Its holding company plans to sell, and has established the above multi-million dollar figure as the minimum it will consider. The details are shared in a filing with the Bombay Stock Exchange, first reported by the Boston Business Journal.
Through a subsidiary, parent company Indian Hotels Co., acquired the Taj Boston in 2006. At that time it was still the Ritz-Carlton, and reportedly sold for $170 million.
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>> Photo via Lord of the Wings©, Flickr/Creative Commons
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