The seller was CRSA Corporation and the price was under $10 million
Conveniently located three miles from Orange County's John Wayne Airport, five miles from downtown Santa Ana, seven miles from the beach or Disneyland, the newly converted and renovated, 122-room property is an all-suites hotel that serves both the business and leisure traveler. Each suite provides full amenities, and guests are only minutes away from corporate offices, amusement parks and the many attractions of Orange County's famous coastline. The hotel is staffed 24 hours and its many complimentary features include airport and area transportation, Continental breakfast and wireless Internet access.
"This purchase establishes Pacifica's presence in the important Orange County market and marks our second California hotel acquisition in the past two months," said PHC Chairman and President Dale J. Marquis. "We look forward to providing guests at the Hampton Inn & Suites with the same superior value and friendly service that characterizes all of Pacifica's properties."
PHC was formed in January of 1993 to consolidate the hospitality operations of Invest West Financial Corporation, which has been involved in the acquisition, development, refurbishing and operating of quality hotel properties and other commercial real estate properties for almost 30 years. Pacifica's 20 independent and flag properties in key California cities from San Diego to San Francisco feature outstanding locations, AAA 3-diamond ratings, upgraded amenities and high standards of guest service.
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