SAN DIEGO-Pinnacle Hotels USA, the growing San Diego-based hospitality firm, has added another Southland property to its portfolio. The company, in care of Dr. Larry Ball, has shelled out $7.5 million for the Howard Johnson Hotel located in the Sports Arena area of San Diego.

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

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

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

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?


© 2024 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.

Dig Deeper


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 © 2024 ALM Global, LLC. All Rights Reserved.