The Lexington Plaza Hotel on the Stockton waterfront in California, US, is to open under new ownership this year.

The hotel property was acquired by the Stockton Arena Hotel and Conference Center, which is owned by the Patrick Willis Family Trust.

The seven-storey hotel and condominium building offers 179 guestrooms and suites, 42 residential lofts and 929m² of meeting space.

It also features a fitness centre, a pool and a restaurant and lounge.

The new owners will retain the Lexington flag and is working with hospitality management firm GF Management for the transition.