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QUINCY, ILLINOIS – JULY 14, 2021 – RYAN JUDE TANNER, CHIEF EXECUTIVE OF TANNINGER COMPANIES, ANNOUNCED THE SUCCESSFUL ACQUISITION OF THE ILLINOIS STATE BANK BUILDING LOCATED AT 529 HAMPSHIRE STREET IN DOWNTOWN QUINCY, ILLINOIS. TANNINGER COMPANIES IS THE PARENT COMPANY OF THE ELKTON HOTEL AND PATIO RESTAURANT & LOUNGE, WHICH IT ACQUIRED IN MARCH 2020.
TANNER COMMENTED, “WE SEE THIS PROPERTY AS A REMARKABLE TESTAMENT TO THE LONGSTANDING VIBRANCY THAT QUINCY IS KNOWN FOR. THE POTENTIAL FOR THIS UNIQUE PROPERTY IS WITHOUT LIMITS. WE WISH TO THANK THE CITY OF QUINCY, PARTICULARLY MAYOR MIKE TROUP; FORMER MAYOR KYLE MOORE; THE DIRECTOR OF PLANNING & DEVELOPMENT, CHUCK BEVELHEIMER; THE QUINCY CITY COUNCIL; AND MICHAEL SEAVER, DIRECTOR OF INSPECTION & ENFORCEMENT. WE ALSO WANT TO THANK MIKE CARTER OF KLINGNER & ASSOCIATES AND NICK SMITH OF FIRST BANKERS TRUST COMPANY, WHO FINANCED THE ACQUISITION. LASTLY, THE DEAL MAY NEVER HAVE SEEN THE LIGHT OF DAY HAD IT NOT BEEN FOR OUR BROKER, MAX DANCER OF HAPPEL, INC. REALTORS. THIS OPPORTUNITY HAD MANY, MANY MOVING PARTS, AND WE COULD NOT HAVE ASKED FOR MORE SUPPORT AND GUIDANCE. |
