
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.

