Chicago - CBRE Hotels announced that it has arranged the sale of the 428-room DoubleTree by Hilton Hotel Chicago - Oak Brook located at 1909 Spring Road in Oak Brook, Illinois.
CBRE Hotels' Nate Sahn, Senior Vice President and Peter Greene, First Vice President, in Chicago represented the seller, PHF Oak Brook LLC, an affiliate of Fillmore Capital Partners, in this transaction.
The 428-room DoubleTree Oak Brook provides exceptional amenities, with 35,000 sq. ft. of meeting space, including a grand ballroom and outdoor gazebo. Located amidst a thriving business district, with several corporate headquarters located nearby, the hotel is only a short drive from O'Hare International and Midway International Airports. For dining, the DoubleTree Oak Brook features the Atrium Café and the Foxes Sports Bar and Grille as well as in-room dining service. The hotel offers a wide range of additional amenities to support group business including a leased barber shop, three shuttle vans, state-of-the-art technology in the meeting spaces, a shoe shine station and a business center.
CBRE Hotels is a specialized team within CBRE providing advisory, capital markets, investment sales, research and valuation services to companies in the hotel sector. CBRE Hotels is comprised of more than 385 dedicated hospitality professionals located in 60 offices across the globe.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
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