CBRE Arranges IL Country Inn Hotel Deal
The asset is located along Interstate 88 in Naperville, Ill., and offers convenient access to one of the largest office concentrations outside Chicago.
By Roxana Baiceanu
CBRE Hotels brokered the sale of a 99-key Country Inn & Suites in Naperville, Ill. on behalf of the seller, Hospitality Properties Trust. Renovation work is expected to start at the property.
The hotel is located at 1837 Centre Point Circle, just off Interstate 88 and provides easy access to a variety of local attractions and entertainment options such as the Naperville Riverwalk, the Morton Arboretum, All Seasons Ice Arena, Frontier Park and the Naperville Polo Field. The city also hosts one of the largest clusters of office concentrations outside Chicago, with employers such as Coriant, Navistar, Nokia and Chevron signing the tenant roster.
Amenities include:
- fitness center
- indoor pool
- 24-hour business center
- meeting room
- free on-site parking
- fireside lounge
The Country Inn & Suites joins other hotels located in the nearby area including the Extended Stay America Hotel Chicago-Naperville East, Hampton Inn Chicago, Fairfield Inn and Courtyard by Marriott Chicago by Naperville. The Chicago O’Hare International Airport is approximately half an hour away.
CBRE Vice President Nate Shan closed the deal.
Image courtesy of CBRE
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