CBRE Hotels Arranges Sale of Hampton Inn & Suites in Santa Ana, CA
NEWPORT BEACH, CA. October 3, 2017 - CBRE Hotels has arranged the sale of the 121-room Hampton Inn & Suites Santa Ana/Orange County Airport for an undisclosed amount to a private investor.
Rod Apodaca and Bob Kaplan of CBRE Hotels acted as exclusive agents for the sellers, Pacifica Hiorange LP.
The four-story hotel, located at 2720 Hotel Terrace in Santa Ana, California, was originally opened in 1992 and was recently renovated in 2016. The property is strategically located near the Orange County Airport in Santa Ana near the junction of Interstate 405 and State Route 55; offering convenient access to many local Orange County leisure and corporate demand generators.
“The Hampton Inn's exceptional location, desirable brand and physical condition made it one of the most compelling transactions this year in the Orange County market,” said Mr. Apodaca.
CBRE Hotels is a specialized team within CBRE, providing advisory, capital markets, investment sales, research and valuation services to companies in the hotel sector. CBRE Hotels is comprised of more than 385 dedicated hospitality professionals located in 60 offices across the globe.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com. For CBRE Hotels news, follow us on: Twitter: @CBREHotels LinkedIn: CBRE Hotels
Contact:
Deb Searle
deb.searle@cbre.com
+1 303 628 1784
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 
