Wednesday, December 26, 2012

HFF closes $24.8 million sale of The Golden Door Spa in San Marcos, CA


The Golden Door Spa resort, San Marcos, CA
SAN DIEGO, CA – HFF announcedit has closed the sale of The Golden Door Spa, a 41-room luxury spa resort situated on 377 acres in San Marcos, California.

                The property sold for $24.8 million free and clear of existing debt.

The Golden Door Spa is located approximately 40 minutes north of downtown San Diego in Southern California. 

William Stadler
Founded in 1958 and rebuilt in 1975, the award-winning, Japanese-inspired resort pioneered the development of the spa industry in the United States and provides all-inclusive, customizable programs with a focus on holistic wellness to its guests.

Scott Hall
 This exclusive resort features 20 miles of hiking trails, expansive indoor fitness areas, a tennis court, swimming pool and jacuzzi, water therapy pool, Japanese bathhouse and archery range in addition to a 122-acre avocado orchard and organic vegetable and fruit gardens.  The transaction also includes ownership of The Golden Door brand and future resort expansion opportunities.

The HFF team representing the seller was led by senior managing directors Dan Peek and Bill Stadler, managing director Scott Hall and real estate analyst Alexandra Lalos.
 
“We are extremely pleased to have participated in this unique offering of one of the most well-known destination spa resorts and wellness brands in the world.  

"The property provided an attractive opportunity to investors not only because of its excellent reputation as a leader in the industry but also because of the expansion and redevelopment opportunities it offers,” commented Peek.
  
For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Associate Director
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3500 | cel 617.543.4873 | fax 713.527.8725 |


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