Paramount Lodging Advisors (PLA) Leads the Successful Sale of the Sheraton Marriott San Jose, CA Asset

SAN JOSE, CA - Paramount Lodging Advisors (PLA) is pleased to announce the sale of the Sheraton Marriott San Jose, CA.  PLA was exclusively engaged to represent the seller in the transaction of the 229-room full-service property ideally located in the prime of Silicon Valley.  The marketing efforts were led by Managing Director, Subu Thiagarajan, out of Paramount Lodging Advisors’ California office.  

“We were pleased to close another unique sale of the 229-room Sheraton Marriott San Jose, CA, which marks another strategic milestone in key gateway markets, as the Silicon Valley Hospitality Market remains poised for a rebound,” stated Subu Thiagarajan, Managing Director at Paramount Lodging Advisors.

Thiagarajan added, “This transaction marks a compelling acquisition for a local Silicon Valley investor, secured at a meaningful discount to replacement cost. With substantial renovations planned, including a full reimagining of the public spaces and meeting areas, this asset offers a distinctive value-add opportunity with strong upside potential.”