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Chicago & Midwest  + Midwest  + Office  | 

CBRE Arranges Sale of 183K-SF Building in Downtown Cincinnati

CBRE has facilitated the sale of the Sawyer Point Building, a 182,700-square-foot office building in Cincinnati. Matrix Holdings, LLC, purchased the property from Colonial Life & Accident Insurance Company.

CBRE’s Steve Timmel, CCIM, Will Roberts, John Eckert and Travis Likes represented the seller in the transaction. “The Sawyer Point Building was extremely well received by the investment market, generating an assortment of offers from regional and national investors,” said Timmel.

Building amenities include a rooftop deck, a two-story sky-lit atrium, a fully furnished fitness center, conference center, EV charging stations, and a 100-stall underground parking garage. The building also offers convenient access to Route 50 and Interstates 471 and 71.

The four-story property is located at 720 E. Pete Rose Way, within the central business district office submarket in downtown Cincinnati. Originally built in 1916, the building was converted to office use in 2001 and underwent renovations from 2020 to 2024.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.