With access from both Rosecrans and Cauby streets, the hotelstands on a two-acre parcel located at 3330 Rosecrans St. Itencompasses approximately 40,000 sf of improvements and houses 98rooms. The circa 1976 property, which was renovated in 2000,features an outdoor swimming pool and spa. Guest amenities alsoinclude the Tio Carlos Mexican restaurant, which has an outdoordining patio.

Savvas Marinos of Colliers International represented SellerArena Inn Motel Co. LLC in the recent transaction. David Caldwellof West Coast Investment Realty acted on behalf of Pinnacle HotelsUSA, with La Jolla Bank providing the acquisition financing.

The Howard Johnson acquisition marks Pinnacle Hotels' latestaddition to its expanding portfolio. Aside from San Diego, CA, thefirm's portfolio encompasses Banning, CA; Tempe, AZ; Tucson, AZ;Seattle, WA; Findlay, OH; Dublin, OH; and Columbus, OH.