October 17, 2018
The Sheraton Denver Downtown Hotel, a 1,231-room, full-service hotel, has traded hands. It is the largest hotel in Colorado by key count. The seller was a partnership operated by The Chartres Lodging Group, LLC, while a joint venture between High Street Real Estate Partners and Eagle Four Real Estate Partners acquired the asset.
The property is housed within a 1.9-million-square-foot mixed-use development in downtown Denver at 1550 Court Place. The hotel comprises the 22-story IM Pei Tower and an eight-story Plaza Building that houses 133,000 square feet of function space, including a 28,000-square-foot ballroom and 53 versatile meeting spaces; 31,915 square feet of retail space; a fitness center; and outdoor heated rooftop swimming pool.
HFF’s Eric Tupler, Tony Malk, Scott Hall and Tyler Dumon represented the seller.
For comments, questions or concerns, please contact Dennis Kaiser