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Tuesday, October 20, 2020
Real Estate Crescent Real Estate acquires retreat property in California with luxury treehouses

Crescent Real Estate acquires retreat property in California with luxury treehouses

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Fort Worth-based Crescent Real Estate LLC announced March 8 it purchased Skylonda Lodge, a 38-room retreat property located in Woodside, California. The scenic property sits on 16 acres off Skyline Drive, with 14 guest rooms and 24 additional guest rooms in standalone luxury treehouses nestled in Woodside’s forested hills and only 30 miles from San Francisco and San Jose.

After a significant renovation, the property will open as Canyon Ranch Wellness Retreat – Woodside and will be managed by Canyon Ranch. Canyon Ranch, the integrative wellness industry leader for four decades, is making its initial entrance into California with its first retreat model that offers guests personalized wellness stays with three, four, or seven-day retreats. The property is slated to open this summer.

“This investment is a rare opportunity to acquire an asset that perfectly fits the new Canyon Ranch concept in a thriving market that focuses on wellness,” said Jason Anderson, co-CEO of Crescent. “With over 7.5 million people in the San Francisco Bay Area/Silicon Valley, we believe the new retreat-focused property will be well received by those in the surrounding area for leisure stays and corporate retreats.”

Canyon Ranch has wellness destination resorts in Tucson, and Lenox, Massachusates., as well as spa offerings in world-class hotels and onboard luxury cruise ships.

The 16-acre retreat property, formerly Skylonda Lodge, enveloped by Woodside’s forested hills will be redesigned by Cole Martinez Curtis & Associates of Culver City, California.

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