Hilton Dedham | Hotel with Multi/Resi Conversion Upside

Highlights:

• Approved 160-Unit Multifamily Conversion: Dedham granted a Certificate of Action in March 2026, entitling 160 residential units on-site.
• DoubleTree Repositioning Optionality: A reflag to DoubleTree paired with capital upgrades could unlock further hotel-side value.
• $3.05M Stabilized Multifamily Conversion NOI: The approved 160-unit pro forma projects $3.05M in stabilized net operating income annually.
• Direct Route 128 Technology Corridor Access: Direct I-95/Route 128 access and a walkable MBTA station put South Station 20 minutes away.
• Corridor Anchored By Major Employers: General Dynamics, Moderna, MEDITECH, and Citizens Bank anchor employment along the corridor.
• On-Site Health Club and Banquet Space: 1,100 SF health club and 9,738 SF of function space serve guests and future residents.

Description:

For more information visit:
https://rimarketplace.com/auction/3440/hospitality/dedham/ma?utm_source=brevitas&utm_medium=listing_paid&utm_campaign=november4_2026&utm_content=hospitality_3440

Berkadia, in partnership with RealINSIGHT Marketplace, has been exclusively retained to market the fee-simple condominium interest in the 267-room Hilton Boston/Dedham (the "Hotel" or "Asset"), presenting a compelling dual-strategy investment opportunity for both hotel and multifamily investors. Hotel buyers have the opportunity to acquire the Asset as an existing, full-service Hilton-branded hotel with the potential to reposition the property under the DoubleTree by Hilton brand, while multifamily buyers can capitalize on an already-approved redevelopment plan to convert the existing hotel into a 160-unit mixed-use residential development. The Town of Dedham Planning Board approved the residential redevelopment in March 2026, and the project subsequently received its Certificate of Action, providing a significant degree of entitlement certainty for a multifamily conversion. The approved plan contemplates 160 residential units.

Location
Hilton Boston Dedham sits at 25 Allied Drive off I-95/Route 128, within walking distance of the MBTA's Dedham Corporate Center Station, a 20-minute commuter rail ride to Boston's South Station. Nearby Route 128 employers include General Dynamics, Moderna, the Skating Club of Boston, and Dunkin's headquarters, plus the 675,000 SF Legacy Place retail and dining center.


Bidding Opens
Nov 02 1:00 PM
Bidding Closes
Nov 05 1:00 AM

Documents: