City Center Sold for $128.8 Million
May 12th, 2011 | by ashley gordon |The W Chicago – City Center was sold to Chesapeake Lodging Trust for $128.8 million yesterday by Starwood Hotels & Resorts Worldwide, though the hotel chain will continue managing the property as a W Hotel, after signing a 40-year contract. The 368-room hotel includes more than 12,000 square feet of meeting space, a fitness center and the recently renovated IPO restaurant. The 22-story building is in Chicagos West Loop near the financial district.
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Tags: City Center, Million