ATLANTA – April 20, 2015 – Hotel Assets Group, LLC (Hotel AG) is pleased to announce that it has arranged the sale of the Hampton Inn & Suites in Burlingame, California at the San Francisco Airport. Eric Gunderson, a partner in the firm’s Los Angeles office, exclusively represented the Seller, Saturn Investment Group, LLC.
The Hampton Inn & Suites is located less than two miles from the main terminal of the San Francisco International Airport (SFO) and only 14 miles from downtown San Francisco. SFO had a record of 47 million passenger boardings in 2014, marking eight consecutive years of passenger growth.
Eric Gunderson remarked, “The hotel has performed tremendously well and should continue to do so given the premium brand, exceptional location and high barrier market. At SFO, there are deep demand generators and a highly constrained supply of hotels from SFO to San Francisco.”
