Crexi Contact
Listed by Alchemy Real Estate Advisors, Commercial Real Estate Exchange
Unpriced
Hyatt House Pleasanton California
Located in Pleasanton’s I-580 / I-680 corridor
Marketing description
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- Lender-owned Hyatt House located in Pleasanton, CA offered for sale via Crexi auction on March 23–25
- 128-key extended-stay Hyatt asset well positioned for corporate and project-based demand
- Seller to convey leasehold interest subject to a long-term ground lease with ~88 years remaining
- Offered unencumbered by management and debt, providing a clean transition at closing
- Ability to retain or relicense under the Hyatt House brand, subject to franchisor approval
- Meaningful operational upside through transition out of lender control and third-party management
- Attractive basis relative to replacement cost within a highly supply-constrained Bay Area submarket
- Part of a broader lender-owned Hyatt House offering across multiple high-barrier U.S. markets, including Pleasanton and Pleasant Hill, California and Scottsdale, Arizona
Auction Terms:
- Non-Contingent
- Earnest Money Deposit: 10% of the Purchase Price
- Marketing Fee: 3% of the Winning Bid Amount, $20,000 minimum
- Close of Escrow: 45 days
- Subject To Seller Approval
Hyatt House Pleasanton California
Hyatt House Scottsdale Arizona
4545 Chabot Dr, Pleasanton, CA 94588
Investment highlights
- Located in Pleasanton’s I-580 / I-680 corridor, one of the Tri-Valley’s most established lodging and office nodes
- Proximate to Hacienda Business Park, one of Northern California’s largest mixed-use business parks with 10+ million SF of office and R&D space
- Major corporate users nearby include Workday (global HQ), Oracle, Roche Diagnostics, Kaiser Permanente, and ServiceNow, driving consistent extended-stay and project-based lodging demand
- Pleasanton is part of the Tri-Valley technology corridor, one of the fastest-growing employment centers in the East Bay, anchored by Bishop Ranch, Hacienda, and major corporate campuses
- Immediate access to Interstates 580 and 680, providing connectivity to Silicon Valley, Oakland, and the greater East Bay
- Convenient access to BART, Downtown Pleasanton, and regional retail and dining amenities
- Well positioned to capture extended-stay, corporate, and relocation demand tied to nearby business campuses
- Near Livermore Valley Wine Country, a growing Northern California leisure destination with 50+ wineries
- Pleasanton serves as a key commercial center within the Tri-Valley / East Bay, supported by affluent demographics and strong employment density
- The submarket benefits from high barriers to new hotel supply and limited land availability
- Consistent demand drivers from technology, life sciences, professional services, and project-based corporate travel
- Less than one hour from downtown San Francisco, which saw ADR rise 6% year-over-year to $225.82 and RevPAR increase 11.8% to $155.84, the highest annual gains for each metric, driven by renewed convention activity, return-to-office trends, and recovering business travel
Listing Contacts
Crexi Contact
Listed by Alchemy Real Estate Advisors, Commercial Real Estate Exchange
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