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CHICAGO-A venture of Fullwel Management Inc. based in Foster City, California, has purchased a 243-room Holiday Inn located at 495 Airport Road in northwest suburban Elgin for $4.2 million, which is only 30% of the loan amount owned by the hotel.
NEW YORK CITY-Oppenheimer & Co. has renewed its 90,000-square-foot lease, covering the 24th and 25th floors of the MetLife Building located at 200 Park Avenue, for an undisclosed amount.
DALLAS-CB Richard Ellis Group Inc. has been chosen as a leasing agent for 3100 Monticello, a Class A office building spanning 174,879 square feet near the Katy Trail in Dallas' Knox/Henderson area.
SAN DIEGO-The Rockpoint Group, an international real estate investment firm, has purchased the W hotel, 258-room property in the western part of downtown, from Sunstone Hotel Investors Inc. for an amount of $56 million.