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July 9, 2020
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Titanium Elite Inc Buys Inland Empire Hotel Property


Titanium Elite Inc has purchased SpringHill Suites by Marriott Corona Riverside, a 130-suite, select-service hotel in the Inland Empire city of Corona. The price was not disclosed.

Originally completed in 2009, SpringHill Suites by Marriott Corona Riverside was renovated in 2017. The four-story hotel features two meeting rooms totaling 809 sf, complementary breakfast buffet, an outdoor swimming pool with spa, a fitness center, business center and 24-hour sundry shop.

The property is situated on 2.59 acres at 2025 Compton Ave in Corona, which is less than 50 miles east of downtown Los Angeles and about 26 miles from the heart of Orange County. The hotel is within the Inland Empire, one of the fastest-growing areas in California, and is positioned off the highly trafficked Interstate 15 with direct access to an array of corporate headquarters, colleges and universities, hospitals, retail and sports and entertainment centers.

Scott Hall, Aaron Lapping and Blake Malecha with JLL Capital Markets team represented the institutional seller in the transaction. Newport Beach-based Twenty Four Seven Hotels will manage the hotel for the new ownership.

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