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14

Chicago Hyatt Centric Trades for $110M

By Tony Seruga

Deka Immobilien purchased the hotel from Murphy Development Group. HFF represented the seller in the transaction for the 257-key asset.

Murphy Development Group sold the Hyatt Centric The Loop Chicago Hotel to Deka Immobilien for $110 million.

The hotel is centrally located in Chicago’s Loop in the heart of the financial district and within walking distance to transportation, restaurants, shopping and entertainment. Located 28 minutes from O’Hare International Airport, the building is within close proximity to attractions such as the Chicago Board of Trade, State Street, the Art Institute of Chicago, Millennium Park, the Magnificent Mile, Museum Campus and Willis Tower.

Chicago Hyatt Centric Trades for $110M

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