{"id":1004272778,"date":"2018-10-18T23:04:12","date_gmt":"2018-10-19T07:04:12","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004272778"},"modified":"2022-12-09T02:23:22","modified_gmt":"2022-12-09T10:23:22","slug":"downtown-denver-sheraton-changes-hands","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/downtown-denver-sheraton-changes-hands\/","title":{"rendered":"Downtown Denver Sheraton Trades"},"content":{"rendered":"<p>By Adina Marcut<\/p>\n<div id=\"attachment_1004272781\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/Sheraton-Denver-Downtown-Hotel.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004272781\" data-attachment-id=\"1004272781\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/downtown-denver-sheraton-changes-hands\/sheraton-denver-downtown-hotel\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/Sheraton-Denver-Downtown-Hotel.png\" data-orig-size=\"800,613\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Sheraton Denver Downtown Hotel\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/Sheraton-Denver-Downtown-Hotel.png?w=800\" loading=\"lazy\" class=\"wp-image-1004272781 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/Sheraton-Denver-Downtown-Hotel.png\" alt=\"Sheraton Denver Downtown Hotel\" width=\"300\" height=\"230\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/Sheraton-Denver-Downtown-Hotel.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/Sheraton-Denver-Downtown-Hotel.png?resize=300,230 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/Sheraton-Denver-Downtown-Hotel.png?resize=768,588 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004272781\" class=\"wp-caption-text\">Sheraton Denver Downtown Hotel<\/p><\/div>\n<p>A joint venture between High Street Real Estate Partners and Eagle Real Estate Partners has acquired the 1,231-key Sheraton Denver Downtown Hotel. HFF brokered the sale on behalf of the seller, a partnership operated by The Chartres Lodging Group LLC.<\/p>\n<p>Located at 1550 Court Place, the full-service property is situated within a 1.9 million-square-foot mixed-use development in the heart of Denver. Sheraton Denver Downtown Hotel consists of the 22-story IM Pei Tower and the eight-story Plaza Building, which includes a 28,000-square-foot ballroom, 53 meeting rooms and nearly 32,000 square feet of retail space.<\/p>\n<p>The list of amenities includes a fitness center, business center, outdoor heated swimming pool with cabanas and lounges, and various food and beverage outlets. Various points of interest, including Colorado Convention Center and Pepsi Center, are in close proximity. Additionally, Denver International Airport is approximately 25 miles away.<\/p>\n<p>Senior Managing Director Eric Tupler, Managing Directors Tony Malk and Scott Hall and Associate Tyler Dumon were part of the investment advisory team that represented the seller.<\/p>\n<p><em>&#8220;We continue to see strength in the hotel capital markets for well-located hotels such as the Sheraton Denver that have a unique position in their respective submarkets,&#8221;<\/em> Malk said in a prepared statement.<\/p>\n<p>In August, the <a href=\"https:\/\/www.commercialsearch.com\/news\/dc-area-sheraton-hotel-lands-16m-refi\/\">229-key Sheraton Silver Spring Hotel<\/a> in Silver Spring, Md., received a $16 million bridge loan.<\/p>\n<p><em>Image via Google Street View<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The hotel includes the 22-story IM Pei Tower and the eight-story Plaza Building. HFF represented the seller in the transaction.<\/p>\n","protected":false},"author":436,"featured_media":1004272781,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1587,21751,21742,15],"tags":[32792,33877,33070,41069],"class_list":["post-1004272778","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-denver","category-hotel","category-latest","category-west","tag-hff","tag-marriott","tag-sheraton-hotels-and-resorts","tag-the-chartres-lodging-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Downtown Denver Sheraton Trades - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/downtown-denver-sheraton-changes-hands\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Downtown Denver Sheraton Trades\" \/>\n<meta property=\"og:description\" content=\"The hotel includes the 22-story IM Pei Tower and the eight-story Plaza Building. 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She joined the CPE-MHN team in 2016 and is writing real estate related news, blog articles, reports and Q&amp;As. \ud83d\udce7 You can reach out to her at adina.rogoz@cpe-mhn.com\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/adina-rogoz\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Downtown Denver Sheraton Trades - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/downtown-denver-sheraton-changes-hands\/","og_locale":"en_US","og_type":"article","og_title":"Downtown Denver Sheraton Trades","og_description":"The hotel includes the 22-story IM Pei Tower and the eight-story Plaza Building. 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