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In conjunction with the deal, which is expected to close within the next 45 days, the two firms in a joint announcement reported that Roseview Group CEO Vince Costantini will serve as CEO of the combined firm.
Waterford has assumed management of eight hotels previously operated by Waterton. The properties that were transitioned total more than 1,600 guest rooms in Ohio, Illinois and Massachusetts; six of which are full service hotels.
Waltham, MA-based Saracen Properties purchased the 172,813-square-foot office building in partnership with investment firm Cadre, which is headquartered in New York City.
Google has signed a 15-year 362,000-square-foot lease at the ground-up redevelopment of Boston Properties' 325 Main St. office building in Kendall Square.
The agreement also calls for GE to reimburse MassDevelopment $87 million, which include the purchase the two brick buildings and land as well as construction and other financing costs.