Cherko Fusco Realty has brokered the sale of the Hilton Boston/Woburn, a 344-key full-service hotel located just outside of downtown Boston
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Cherko Fusco Realty facilitated the sale between the buyer, an affiliate of Canadian-based JLK Global Fund, and the seller, Woburn Hotel Property Owner LLC, an affiliate of The Davis Companies and Rubicon Companies. Cherko Fusco Realty was the sole broker on the transaction.
The property features 344 guestrooms and more than 18,000 sq. ft. of meeting and event space. Amenities include a fitness center, indoor pool, on-site bar and the Matadora Restaurant, a Spanish-style steakhouse.
JLK Global Fund plans to implement a comprehensive renovation program aimed at modernizing the property and enhancing the overall guest experience.
The hotel is positioned to accommodate corporate travelers, group business, conferences, weddings and leisure demand. It also benefits from its proximity to numerous office and industrial parks.
“The greater Boston market continues to be one of the premier hospitality markets in the country because of the sheer diversity and consistency of its demand generators,” said Bryce Cherko, principal, Cherko Fusco Realty. “Very few markets nationally benefit from the combination of world-class healthcare institutions, elite universities, biotechnology innovation, corporate headquarters, major conventions, professional sports and year-round tourism that Boston offers.
He continued, “We’re incredibly appreciative of the opportunity to work with The Davis Companies and Rubicon Companies on this transaction. Hotel deals of this size and complexity require far more than simply bringing a buyer and seller together—they demand strategic problem-solving, constant communication and hands-on execution throughout every stage of the process. We are pleased to have facilitated the transaction with JLK Global Fund to bring the deal to a successful close. In today’s capital markets environment, institutional-quality hotel transactions are becoming increasingly difficult to complete, which makes this closing especially rewarding for our team.”
This transaction marks Cherko Fusco Realty’s seventh hotel sale of 2026.
