CBRE Hotels, as sole and exclusive advisor for the owner, has been retained to offer for sale the fee-simple interest in the 0.34-acre (14,368-SF) site at 178 W 1st Street (located on the corner of West First Street and B Street). The site presents a unique opportunity to develop a 150-key hotel (subject to BPDA Small Project Review) just one block from the future redevelopment of the 31-acre Procter & Gamble Gillette Campus, adjacent to CRISPR Therapeutics 183,500-SF office and State Street Investment Management's 501,650-SF office, and across the street from the Thomas M. Menino Convention & Exhibition Center (formerly called BCEC). The property is located in downtown Boston’s fast-growing Seaport District, and ideally located at the intersection of the Seaport, Fort Point and South Boston neighborhoods.