Cassidy Turley Group Sells Nob Hill Property in San Francisco
August 18, 2010 - Cassidy Turley BT Commercial is pleased to announce that its Hospitality Group has recently sold the Nob Hill Hotel in San Francisco. Eric Gunderson, with assistance from Ric Russell and Scott Griemsmann, represented buyer Euphoria Hospitality, Inc. in the acquisition of the 19,543-square-foot hotel for a price of $4,900,000 ($251 per square foot). The seller was Pacific Equities West.
The nearly 100-year old, five-story property is located at 835 Hyde Street.
Cassidy Turley BT Commercial's Hospitality Group is based in the firm's San Francisco office and specializes in the lodging sector. The Group is headed by Mr. Gunderson, Mr. Russell and Mr. Griemsmann. Since its inception in 2008, The Group has been responsible for representing both buyers and sellers in the sale of multiple hotel properties throughout the western U.S., which, in addition to the above transaction, includes a 279-room Holiday Inn in Emeryville; a 208-room Holiday Inn in San Jose; a 162-room Hilton Garden Inn in Cupertino; a 162-room Courtyard by Marriott in Campbell; a 170-room Wyndham Hotel & Resorts in Pleasanton; a 150-room Candlewood Suites in Dallas; a 123-room Hilton Garden Inn in Tucson; a 30-room Travelodge in Berkeley, TX; a 24-room European Guest House in San Francisco; and a 16-room Charlie's Hotel in San Francisco.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
