SAN FRANCISCO, CA- Colliers International Hotel Realty represented Sunstone Hotel Investors, LLC in the sale of the Pacific Shore Hotel, in Santa Monica.
The 168-room hotel was purchased by Elkor Commercial Properties. Elkor plans to renovate and reposition the hotel into an upscale boutique property. The company currently owns and operates four boutique properties including the Avalon Hotel, and Maison 140, both located in Beverly Hills, CA. (10/30/00)