Boulder Residence Inn sells for $21.5M

BOULDER — The Boulder Residence Inn by Marriott at 3030 Circle Green Drive was sold last month for $21.5 million, Boulder County public records show.

The seller of the 128-room, 33-year-old hotel is listed as BRE Newton Hotels Property Owner LP, a New York-based company that does business as LXR Luxury Resorts.

APEX Boulder LP is the buyer. That company is registered to a Utah address associated with commercial real estate developer PEG Development. PEG’s portfolio includes Hilton, Hyatt and other Marriott properties in Utah and Arizona.

There are open building permits on file…