SANTA ANA, CA-A joint venture between San Diego-based Trigild, Blu Hotel Investors and Pacifica Real Estate Group has acquired the four-story, 121-room Santa Ana Hampton Inn & Suites at 2720 Hotel Terrace Dr. here. While the parties involved declined to disclose a purchase price to GlobeSt.com, Blu’s founder and principal Michael Barnard tells us that the price was “well below replacement cost.”

Built in 1992, the hotel is situated on 1.45 acres near South Coast Plaza and John Wayne International Airport. It houses a 600-squar-foot breakfast room, 400 square feet of meeting space a fitness room and outdoor swimming pool and spa. Guest rooms are all suites and measure approximately 400 square feet apiece.

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