CB Richard Ellis has been exclusively engaged to secure a forward sale of the to be developed Westin hotel in Ontario, California. This terrific asset will be developed by our client, The Ryan Companies. The 262-room hotel includes 12 suites and the hotel offers more than 11,000 square feet of meeting space. The hotel is destined to claim the leadership position in Greater Ontario’s hospitality market.

The hotel will be located at the gateway to the Inland Empire, southern California’s Riverside and San Bernardino counties and one of the nation’s fastest growing markets; only one mile from the Los Angeles-Ontario International Airport. The Westin Ontario will be at the heart of Piedmont at Ontario Center, a fully-integrated mixed-use urban center currently under construction, and immediately adjacent to the new 11,000-seat Citizen’s Business Bank Arena, developed by Anschutz Entertainment Group, slated to open in Q4 of 2008. It is surrounded by existing office and new office development with close proximity to the Ontario Mills Mall. This outstanding hotel would be delivered turnkey at Certificate of Occupancy.