Oakwood Worldwide® Adds Corporate Apartment Option in Popular Boston Neighborhood

Company Expands Offering of Unique Accommodations in High-Demand Area

Aug 12, 2013, 07:21 ET from Oakwood Worldwide

LOS ANGELES, Aug. 12, 2013 /PRNewswire/ -- Oakwood Worldwide, the global leader in corporate housing and serviced apartment solutions, recently expanded its apartment portfolio with the opening of 234 Newbury Street in the heart of Boston's historic Back Bay neighborhood. The newly refurbished building officially launched exclusively under the Oakwood® brand in July.

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The property adds 11 furnished, one-bedroom apartments to the company's Boston portfolio, which includes more than 90 apartments at 1 India St., as well as over 350 units in more than 30 other locations throughout the Boston area.

"We're pleased to offer furnished accommodations at this distinctive property with its rich history and highly sought-after location," said Leslie O'Brien, Eastern Region vice president and assistant general manager for Oakwood Worldwide. "We pursued the opportunity to work with the building owner, Jamestown, who has extensive experience creating properties that feature an ideal mix of classic and contemporary styles."

234 Newbury Street combines the charm of 19th-century America with 21st-century amenities, including stainless steel appliances, in-unit washer/dryer, central air conditioning, wireless/high-speed Internet access and flat screen televisions in the living room and bedroom. In addition, the property has front door access to the quaint shops on Newbury Street, superior food and dining options, the Boston Public Library and the Mall on Commonwealth Avenue. There is also convenient access to all major buses, subways and highways in neighboring Copley Square.

This property is ideal for business travelers seeking apartment-style accommodations for an extended period. The building adds another option for employees on temporary assignments who want quick access to their offices coupled with the amenities and charm of the Back Bay neighborhood that has long been famous for its centuries-old Victorian-style brownstones.

"Oakwood Worldwide is an ideal partner for our residential property at 234 Newbury Street," said Michael Phillips, chief operating officer of Jamestown. "Their expertise in boutique corporate housing will allow them to effectively attract visiting executives that seek an authentic Boston experience in the dynamic, walkable and distinctly urban Back Bay area."

For more information about corporate housing options at 234 Newbury Street, call 1.800.888.0808 or email: EBCWorldwide@oakwood.com.

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About Jamestown 
Founded in 1983 with headquarters in Atlanta, Ga., and Cologne, Germany, and offices in New York City, San Francisco, Calif., and Washington, D.C., Jamestown is a leader in acquisitions and value-added management. Over 28 years, Jamestown has generated approximately $8 billion in strategic investments. The company is focused across the risk spectrum with core, core-plus and opportunistic funds in two primary markets: 24-hour cities and Sunbelt territories with strong demographic growth. For more information, visit www.jamestownproperties.com

About Oakwood Worldwide
Oakwood Worldwide®, based in Los Angeles, Calif., is the leading provider of corporate housing and serviced apartment solutions through its two well-known brands, Oakwood® and ExecuStay®. Both brands provide move-in-ready furnished housing designed to meet the needs of business travelers on long- and short-term assignments. Oakwood® has access to the largest selection of housing options and a presence in all 50 United States and more than 55 countries. ExecuStay is the preferred corporate housing partner of Marriott® International and is the only corporate housing brand where guests can earn Marriott Rewards® points for stays at any ExecuStay location in the U.S.

For more information, please visit www.oakwood.com and www.execustay.com.

SOURCE Oakwood Worldwide