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Holiday Inn Express Arlington Heights

Represented an institutional client in the disposition of the 125-room Holiday Inn Express Arlington Heights, Illinois. Since 2007, nearly $3.9 million in capital improvements to the asset have been completed.  The hotel is located off of Interstate 90 near the junction of Interstate 90 and Interstate 290 with close proximity to Chicago O’Hare International Airport. It is also proximate to several demand generators including UOP Honeywell, ADP, Panasonic, Citibank AT&T,  the OSHA Training Institute, Parker Hannifin, Robert Bosch and the regional Salvation Army.