Hodges Ward Elliott (HWE), the boutique real estate capital markets advisor, has brokered the fee-simple sale of The Source Hotel + Market Hall, a mixed-use development in Denver’s River North Art District (RiNo), on behalf of the seller.
The Source Hotel + Market Hall is comprised of an eight-story, 100-room hotel and two market halls totaling 45,000 sq. ft, which feature a number of independent retail and restaurant vendors. The development also includes an on-site 300-stall parking garage, rooftop restaurant and bar, rooftop outdoor pool and more than 2,550 sq. ft. of additional function space.
“The Source Hotel + Market Hall [is] a premium lifestyle asset that serves as the ‘front door’ to among the most dynamic neighborhoods in Denver,” said Austin Brooks, a managing director of HWE’s Investment Advisory Group.