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120 Kaiulani Avenue - Sheraton Princess Kaiulani, Honolulu, HI

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120 Kaiulani Avenue - Sheraton Princess Kaiulani

Honolulu, HI 96815-6203 - Waikiki Submarket


Property Type:Hospitality Number of Rooms:1142 Status:Existing Year Built:1955
Stories:30 Building Size:699,704 SF Land Area:2.82 AC (122,809 SF)
For Sale Price:Condo (see detail) Price/Room:Condo (see detail) Cap Rate:-

Parking:-


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
684 SF
$251.28/SF/Yr
Vacant
Thru Jun 2019
Retail
 
11645472
Marketing Flyer Marketing Flyer  
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
684 SF
$251.28/SF/Yr
Vacant
Thru Jun 2019
Retail
With 1,142 rooms, including 10 suites, Sheraton Princess Kaiulani Hotel reveals Hawaii at its most charming, capturing views of the jewel-bright Pacific and Diamond Head, the Koolau Mountains, and Honolulu's fabled city lights. This Waikiki Hotel offers the best of the city and is just steps from famed Waikiki Beach.

The Princess Kaiulani Hotel is Hawaii's first hotel to attain the distinction of being EPA ENERGY STAR labeled.

Located in luxurious Waikiki, on the Island of Oahu, The Princess Kaiulani Hotel was built in three phases. Phase 1, constructed in 1955 consisted of 295 rooms without air conditioning. In 1960, Phase 2 added a 189 room wing and a new chiller plant for space cooling of Phases 1 & 2. Phase 3 included a 667 room wing with a separate chill water system. The initial design and phasing of construction created an inefficient energy consuming property. Recently, the Hotel launched a program to integrate the building's systems and improve overall energy efficiency.

This started with the creation of a master plan focusing on the highest energy consuming area of the hotel first. The chill water system was responsible for 40% of the property electrical consumption; thus the property undertook energy efficiency measures to increase efficiency and operation of the chilled water plant as well as the installation of other favorable payback measures. These measures included the following:

1. The incorporation of chill water systems to enable one chiller to cool all buildings during the winter season;
2. The installation of a high efficiency chiller with waste heat recovery and non CFC refrigerant;
3. A complete lighting retrofit was done in the guestrooms, beginning with all 24-hour fixtures and eventually a complete change out of all incandescent lamps to high efficiency PL lamps;
4. A new high-efficiency cooling tower was installed with an innovative water treatment system to minimize approach temperature;
5. Guestrooms were renovated with double glazed lanai doors and windows;
6. Installation of a super high-efficiency chiller with a heat pump and variable speed pumps;
7. Installation of a high-efficiency boiler;
8. Installation of low-flush toilets, low-flow shower heads, automatic valves on public fixtures;
9. Lighting occupancy sensors;
10. Application of reflective roof coating;
11. Retrofit to high-efficiency elevators; and
12. Installation of a computerized energy management system

This building was awarded an Energy Star label in 2011 for its operating efficiency.



JFodor & Co LLC
Sky Close
(808) 744-7794 x103

Jessika Fodor
(808) 744-7794 x101



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