Hotel Online  Special Report



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Griemsmann Real Estate Announces the Sale of
Holiday Inn, Emeryville, California
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February 21, 2005 – Griemsmann Real Estate, representing buyers RIM Hospitality and AG West Investors, and Jack Ward of Hodges Ward & Elliott, representing the seller John Q. Hammons, announced the completion of the sale of the Holiday Inn in Emeryville, California.

Griemsmann Real Estate arranged the sale of the 279 room Holiday Inn located in Emeryville, California, the gateway to San Francisco, and site of aggressive development of retail, residential and mixed use, including IKEA, Bay Street Emeryville, Home Depot, and AMC Bay Street 16.

According to Scott Griemsmann, President of Griemsmann Real Estate, the Holiday Inn is well positioned near UC California Berkeley, San Francisco, and Oakland and just adjacent to tourist attractions, new retail/entertainment development and BART (Bay Area Rapid Transit) and AMTRAK transportation stations.

Built in the 1970’s, The Emeryville Holiday Inn, is an attractive hospitality property that will be renovated over the next twelve to twenty-four months, providing an upscale experience with views of San Francisco, pool, Jacuzzi, exercise facility and over 9,000 square feet of flexible meeting space.

Griemsmann Real Estate Services’ continues to prove their effectiveness in finding desirable lodging opportunities and creating unique ways to achieve the highest results for our clients’ assets.

Griemsmann Real Estate Hotel Advisory Group is a part of Griemsmann Realty Inc, founded in 1970, and one of the newest hotel advisory groups in San Francisco, California.  The firm provides clients with value-added investment opportunities, advice and services. Services include transactions, mergers and acquisitions, financial advice and valuation, strategic planning, and industry research. Griemsmann Real Estate operates across North America.

For further information about this transaction or current listings, please contact Scott Griemsmann at (415) 771-4160 or email sgriemsmann@covad.net


 
Contact:

Scott Griemsmann
Griemsmann Real Estate
1930 Franklin Street, suite 2
San Francisco, CA 94109
415.771.4160 phone
sgriemsmann@covad.net


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