Hotel Palomar in San Francisco Sold

“The Hotel Palomar is one of the leading hotels in San Francisco,” said Arthur Buser, president – lodging capital markets–Americas for Jones Lang LaSalle Hotels. “The hotel’s location at 4th and Market places it in the vibrant South of Market district – which is rapidly becoming the new heart of San Francisco – and a few blocks from the popular tourist hub of Union Square. The development of Westfield’s nearby retail megaplex, the San Francisco Centre, and a number of luxury residences is evidence of the influx of notable, high-end development right in the Palomar’s neighborhood.”