Monday, February 25, 2013

HFF selected to market for sale fee simple designer boutique hotel in Waikiki Beach area of Honolulu



Hotel Renew, Honolulu, Hawaii
SAN FRANCISCO, CA – HFF announced today that it has been selected to market for sale Hotel Renew, a 72-room, fully-renovated, designer boutique hotel in Honolulu, Hawaii.

                HFF is marketing the property on behalf of the seller, Z Tower, LLC.  The hotel is being offered fee simple and unencumbered of brand and management.

Holden Lim
Hotel Renew is located at 129 Paoakalani Avenue one-half block from the world-renowned Waikiki Beach. 

Originally built in 1967, the nine-story property was completely renovated in 2008, guided by the acclaimed designer, Jiun Ho, which totally transformed the property into a designer boutique hotel. 

William Stadler
Hotel amenities include Renew Lounge serving continental breakfast and evening cocktails, garage parking and on-site moped and surf board rentals.  Future plans for a rooftop lounge are being finalized.

                The HFF investment sales team representing Z Tower, LLC, is led by managing director Holden Lim, senior managing directors William Stadler and Dan Peek and managing director Scott Hall.
  
   For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Associate Director
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3500 | cel 617.543.4873 | fax 713.527.8725 | www.hfflp.com

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