Waterton picks up Ohio Aloft

Aloft Beachwood

Waterton, a U.S. real estate investor and operator, was appointed manager of the Aloft Beachwood, a 135-key hotel in Beachwood, Ohio. The management agreement is the first between Waterton and the hotel’s owner, Boutique Hotel, which built the property in 2013.

Aloft Beachwood is part of the 630-acre Chagrin Highlands corporate center, a master planned development that includes a mix of office, medical and retail space. The hotel is adjacent to Eaton Corp.’s U.S. headquarters and across from University Hospitals Ahuja Medical Center.

Rooms at Aloft Beachwood have nine-foot ceilings, large windows, complimentary Wi-Fi, 42-inch flat-screen TVs, plug-and-play connectivity centers, platform beds and modern bathrooms with walk-in showers. Shared amenities include an indoor pool; 24-hour fitness center; Re:mix lounge; Re:fuel by Aloft snack bar; and 1,800 square feet of meeting space. In addition to several nearby restaurants – Aloft Beachwood is connected to Piada Italian Street Food, an Italian eatery – guests also have access to the hotel’s Beachwood W XYZ® bar featuring specialty cocktails, live entertainment from local musicians, big-screen TVs, a pool table and adjacent outdoor seating area called the Backyard.