Hospitality

PLEASANTON, CALIF. — PKF Capital San Francisco has arranged the $12.3 million sale of the 170-room Sheraton Hotel located in Pleasanton. Converted to a Sheraton Hotel from a Wyndham Garden Hotel in 2006, the property features meeting and banquet space, a restaurant and lounge, and a Link Business Center. PKF Capital’s Henry Bose and Mark McDermott represented the seller, a Southern California-based fund manager. The buyer was Pleasanton Lodging LP, a partnership involving principals from Sethi Enterprises and Kapoor Enterprises.

PALMDALE, CALIF. — Embassy Suites Hotels has opened the Embassy Suites Palmdale, featuring the brand’s first Design Option III Prototype build in the state of California. Located just off Interstate 14 at 39375 5th St. West in Palmdale, it features 150 suites and more than 3,000 square feet of meeting space. Owned by the Palmdale Lodging Associates LLC and managed by Sun Development & Management Co., the upscale, full-service property is the 30th Embassy Suites location in the Golden State. Just sixty miles north of Los Angeles, Embassy Suites Palmdale includes a state-of-the-art Precor fitness center, a pool and Fourteen Restaurant and Lounge.

MUKILTEO, WASH. — InterContinental Hotels Group (IHG) has opened a new 134-room Staybridge Suites located at 9600 Harbour Place in Mukilteo. The Staybridge Suites Seattle North-Everett is owned and managed by Mukilteo Hotel LLC, an affiliate of the 360 Hotel Group, under a license agreement with a company in IHG. The five-floor property features three suite options — deluxe studio, one-bedroom and two-bedroom/two-bath — all of which include in-room DVD/CD players and fully equipped kitchens. On-site amenities include an indoor pool; a five-hole putting green; complimentary guest laundry and workout facilities; a complimentary 24-hour business services center; a guest library; and BridgeMart®, the hotel’s 24-hour convenience store.