CBRE sells Chicago hotel

1 min reading time

Published on 19/12/11 - Updated on 17/03/22

CBRE Hotels has sold the 246-room Sutton Place Hotel in Chicago (pictured below) to an affiliate of Chicago-based Walton Street Capital and its joint-venture partner, AJ Capital Partners.

CBRE Hotels announces the sale of the 246-room Sutton Place Hotel in Chicago, IL. The 22-story property, originally constructed in 1988, is an independently owned and operated full-service hotel superbly located in Chicago’s Gold Coast neighborhood, a top dining, shopping and nightlife destination. The property was sold by Chicago Grande, Inc. The buyer is an affiliate of Chicago-based Walton Street Capital, L.L.C. and its joint venture partner, AJ Capital Partners.

For further

Every week, the HON team brings you an expert look at the world of hospitality. By becoming a member, you will have access to a complete ecosystem: exclusive content, jobs, etc.

BECOME A MEMBER

Sign up to add topics in favorite. Sign up to add categories in favorite. Sign up to add content in favorite. Register for free to vote for the application.

Already signed up? Already signed up? Already signed up? Already registered?