Donald J. Trump and Irongate Announce Spa Tower, Phase II of Trump...

Donald J. Trump and Irongate Announce Spa Tower, Phase II of Trump Ocean Resort Baja, Mexico

Next phase to feature 182 luxury hotel-condominiums combining spa relaxation with oceanfront real estate ownership


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Los Angeles, CA–(HIPANIC PR WIRE)–May 3, 2007–Following the success of the Lobby Tower at Trump Ocean Resort, Trump Organization CEO Donald J. Trump and Irongate principals Jason Grosfeld and Adam Fisher have announced their next real estate release: Spa Tower at Trump Ocean Resort. North Baja’s first luxury hotel-condominium resort will bring an unprecedented level of design excellence and service to the North Baja peninsula.

“After setting a one-day real estate sales record for Mexico at $122 million in December 2006, we have created the second tower at Trump Ocean Resort,” said Donald Trump. “The Spa Tower will bring an unprecedented spa experience to the West Coast of Mexico and exceed all expectations of luxury real estate ownership.”

Located just 30 minutes from downtown San Diego, Trump Ocean Resort’s Spa Tower will be an authentic real estate offering unlike any other in Mexico. Owners will become part of an experience designed to rejuvenate the body and soul through the use of natural materials, with organic furnishings and fabrics that provide a feeling of serenity. Spa Tower suites will feature an assortment of materials and colors borrowed from the natural environment, including a soft color palette, quartz, glass and pebble tiles; stone, and the incorporation of native plant motifs in the overall design and fabrics.

Spa Tower owners will be steps away from the luxurious spa featuring massages, sea salt wraps, facials, manicures/pedicures and custom Mexican treatments used historically by ancient cultures. The ocean view spa will also feature a floating stone bridge over water ponds, a spa boutique, a relaxation room, unique women’s and men’s locker rooms, women’s and men’s outdoor warm soaking pools, a meditation garden, steam cave, and a therapeutic outdoor Jacuzzi tub with a waterfall.

Developed as a partnership between The Trump Organization and Irongate, a Los Angeles-based real estate development and investment company, Spa Tower follows on the sales success of the property’s initial record setting offering in December when more than $122 million in resort real estate was sold in one day.

Prices for studio, one-, two-, and three-bedroom hotel-condominiums start in the mid-$300,000’s. For more information about Trump Ocean Resort Baja, visit http://www.trump-baja.com. Contact Brendan Mann at bmann@sprealestate.com or 866-858-8736.

About the Trump Organization

Donald J. Trump is the very definition of the American success story. In 1980, he established The Trump Organization as the umbrella company for all of his real estate development and other corporate affiliates. He has continually set new standards of excellence while expanding his interests in luxury residential real estate, world-class hotels, office buildings, championship golf clubs, gaming, merchandising and entertainment.

In addition to being one of the largest developers and property managers in New York, Mr. Trump is currently building residential, hotel and golf club projects in Waikiki, Las Vegas, Chicago, Ft. Lauderdale, Miami Beach, Los Angeles, Atlanta, the Caribbean, Westchester, N.Y., Bedminster, N.J. and Dubai, UAE. He also continues to be active with numerous literary pursuits, charitable organizations and his worldwide number one hit reality television show, The Apprentice.

About Irongate

Irongate is an integrated real estate development and investment company. The Los Angeles-based company blends entrepreneurial creativity, financial discipline, and environmental and cultural sensitivity to each of its development projects. Irongate believes in creating value by being thoroughly immersed in all aspects of its projects from inception through realization, including design and architecture. This philosophy has produced a track record of success for its partners and affiliates. Irongate currently invests in five asset classes: residential, office, retail, industrial and land.

About S&P Destination Properties

S&P Destination Properties is a world leader in the resort and luxury real estate business. The company specializes in the envisioning, design, marketing and sale of the world’s finest real estate. The S&P brand promise is better real estate, better experiences. The vision of S&P is to bring the finest real estate on earth to those that appreciate the irreplaceable experiences that only come with ownership.

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Donald J. Trump and Irongate Announce Spa Tower, Phase II of Trump Ocean Resort Baja, Mexico