SAN FRANCISCO-Colliers International will act as the California State Lands Commission’s exclusive advisor for the disposition of a major hotel site in the City of Burlingame on the San Francisco Bay south of the San Francisco International Airport.

Colliers has kicked off its role as advisor by soliciting Requests for Proposals, which were due last week and have not been opened yet, according to Tom Greenfield of Colliers International. Colliers is advising the state on what the site is worth and will market the property to major hotel chains, based on its extensive research and data.

Greenfield told that the 8.89-acre waterfront property is a public entity and a prime site for a 4-star hotel that will feature 500-550 rooms. After assessing the content of the RFPs, the state and Colliers will determine which developer it will work with, and from there will find a buyer.

“This property is the last site this large on the water,” said Greenfield. “The City of Burlingame, who is the controlling entity, is enthusiastic because it is rich in TLT tax, which cities love because it is a great source of additional income.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.