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California  + San Diego  + Hospitality  | 

Escondido Land Snagged for Future Hotel

San Bernardino Hospitality LLC sold a 1.7-acre undeveloped parcel of land in Escondido, CA to an undisclosed San Diego-based hotel developer for $3.5 million. The site at 200 La Terraza Blvd. is entitled for a 105-room SpringHill Suites by Marriott hotel.

Cushman & Wakefield’s Terry Jackson and Matt Davis represented the buyer. The seller was self-represented.

“This transaction is significant because the city of Escondido has wanted a prominent hotel for quite some time, and now its long-awaited Marriott hotel is finally closer to becoming a reality,” Jackson said. “This is essentially a shovel-ready project delivered with grading and building permits already in place. The purchaser is targeting a construction start in the third quarter of 2017.”

The property is at the junction of Interstate 15 and State Route 78, at the West Valley Parkway off-ramp.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Development
  • ◦Sale/Acquisition
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