Olshan Properties Breaks Ground on New Aloft Hotel at Easton Town Center, Columbus, Ohio

USA, New York City, New York. November 26, 2019

Olshan Properties, one of the country's leading private owners, developers and operators of commercial real estate, today announced that it has broken ground on a new, 136-key Aloft Hotel at Easton Town Center located in Columbus, OH. The new Aloft will become Olshan's fourth hotel at Easton and part of the company's large national hotel portfolio.

The Aloft, which is expected to open spring 2020, is owned in partnership with L Brands and The Georgetown Company. Once completed, the Aloft will become a centerpiece of the $500 million expansion that is underway at the Easton Town Center, one of the country's premier shopping, dining, and entertainment destinations.

A Marriott-flagged, upscale business boutique hotel, Aloft is recognized for its distinctive modern design, innovative, accessible technology and unique focus on music, food and beverage that combines luxury with affordability. The first Aloft hotel opened in 2008, and the hotel chain has since expanded throughout the United States with 121 locations as of summer 2019.

Olshan's new Aloft will feature a 7,500 square-foot, chef-driven restaurant concept. Additional hotel amenities will include a state of the art fitness center, swimming pool and designated event and meeting space.

"We are thrilled to announce the start of construction on our Aloft Hotel at Easton Town Center," commented Olshan Properties' CEO, Andrea Olshan. "Olshan has operated an award-winning collection of hotel properties at Easton for the past two decades, and the Aloft will build on the strengths of our local hotel portfolio and become a key component of the Center's exciting $500 million expansion plan."

Olshan has deep roots in the Columbus market. This latest addition to the Olshan portfolio highlights the company's dedication to the region where Olshan already owns and manages The Hilton Columbus at Easton, The Courtyard Columbus at Easton, The Residence Inn at Columbus at Easton and the Greene Town Center in greater Dayton.

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