Tishman developed and sold the Westin Chicago River North hotel. Acting as design builder, Tishman developed the property in 1987 and subsequently purchased the hotel in 2000. Located along the picturesque Chicago River and in the trendy River North area of Downtown Chicago, the 20-story hotel is a draw to both leisure guests as well as business travelers looking for a 24-hour neighborhood in close proximity to Chicago’s Central Business District. The 500,000-square-foot building houses 425 rooms, 18 meeting rooms and nearly 30,000 square feet of meeting space. After a decade of ownership, Tishman sold the property in 2010 to a major U.S. Real Estate Investment Trust for what was, at the time, the highest price paid per room for a hotel in Chicago.