Located just west of Union Centre Boulevard’s Interstate 75 exit, the restaurant sits on land that was sold for $1.25 million in August by OWC Real Estate LLC to Schulze Drive Lodging Partners LLP, Butler County Auditor’s Office records show.
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The limited liability partnership is registered with the Ohio Secretary of State’s Office to Subhas Patel, with the same mailing address used by Patel’s Keystone Hotel Group a Symmes Twp. hotel investment, development and management firm.
Keystone opened a new, 106-room Residence Inn by Marriott at 2511 Kings Center Court in Mason last February, north of Kings Island and Great Wolf Lodge. The hotel is Marriott’s extended stay brand for business and family leisure travelers.
Its newly purchased 1.9 acre property sits between two hotels —Hampton Inn & Suites to the south and Homewood Suites by Hilton to the north — and in an area that has seen several new hotels constructed in recent years.
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Rebecca and Todd Wilber started CTI, which is short for Cincinnati Taco Investments, in 1998, purchasing nine underperforming Taco Bell restaurants.
It now owns 11 locations of the popular chain, with most of them in Butler, Warren and Hamilton counties.
CTI Restaurants & OWC purchased the existing West Chester Twp. UNO location in 2006 and an Anderson Twp. location in 2008. It closed that location in 2015.
Rebecca Wilber previously told this news outlet that CTI intends to build more stores with the Taco Bell brand. Each new store will typically employ 35 to 45 team members and management, she said.
Requests for comment left with CTI Restaurants and Keystone Hotel Group were not returned before press deadline.
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