Palm Desert, California
Approximate 3-acre hotel site purchased in March
2006 as part of the larger 23-acre mixed-use development “University Village” in
Palm Desert, California. This is scheduled to be a 120-room Homewood Suites
by Hilton. Projected opening in the 1st Quarter of 2009.
Ontario, California
Buyer representation of a 7.5-acre hotel site as part of
a 39-acre master-planned mixed-use center. This rare, Ontario Airport-adjacent
opportunity will house a Springfield Suites by Marriott and an Embassy Suites by
Hilton. Projected opening in the 2nd Quarter of 2009.
Riverside, California
Buyer representation of a 2.2-acre hotel site as part of
the 73-acre master planned Turner Riverwalk development. The project will include
the development of an approximate 120-room extended-stay hotel and will
benefit from the retail / restaurant component surrounding the site. Projected
opening in the 3rd Quarter of 2009.
Moreno Valley, California
Represented Buyer in the purchase of approximately six (6) acres of commercial property for the development of a 120-room Marriott Town Place and 20,000 square feet of retail at the NEC of Cactus Avenue and Interstate 215 adjacent to the March Air Force Base. Projected
opening in the 4th Quarter of 2009.
Ontario, California
Represented Owner on a joint venture negotiation for a 129-room Cambria Suites Hotel at the Interstate 10 Freeway and Archibald Avenue adjacent to the Ontario International Airport. The site will also be developed with supporting food and service retail. Projected
opening in the 3rd Quarter of 2009.