Essex Hotel Owner, LLC, an Oxford Capital Group, LLC led venture with Quadrum Global, announced today the acquisition of Chicago’s historic Essex Inn-Michigan Avenue at 800 South Michigan Avenue. In the coming year, the venture will unveil plans to invest in and transform the downtown property, repositioning the Essex Inn as an upscale lifestyle hotel. This will be Oxford’s 2 11th hotel investment in the Chicago Market and Quadrum’s second investment with Oxford in Chicago, the first being the highly successful Godfrey Chicago.