After 20 years planted at Fountain Square, Colliers is packing up its downtown Cincinnati office and heading to the riverfront. The commercial real-estate brokerage has signed a lease at The Banks, landing in the Rosa Parks Street tower that previously served as GE’s global operations center and shifting a longtime central hub closer to the Ohio River.
As first detailed by the Cincinnati Business Journal, the move ends Colliers’ two-decade run at Fountain Square and secures its next home base at The Banks. Reporter Brian Planalp’s story today broke news of both the lease and the planned relocation.
New Office Lands In Former GE Tower
Commercial listings identify 191 Rosa Parks St. as the class-A office tower Colliers is set to occupy at The Banks. Marketing materials from CBRE and other brokers list the property at that address. Local coverage has traced the building’s past life as GE’s Global Operations Center and documented GE’s decision to reduce operations there in 2023 and 2024, a shift covered by Journal-News.
What The Move Signals For Cincinnati’s Office Market
Colliers is a global real-estate services firm with a long-running Cincinnati presence and steady local deal flow, so its decision about where to plant its own flag carries extra weight for downtown landlords and brokers. The company’s local profile, outlined on its Colliers Cincinnati page, sits alongside its research that shows tenants growing more selective about building age, amenities, and location. The firm’s Cincinnati office reports, available through its Colliers market data, track vacancy and leasing trends and describe a market still in transition as owners work to attract modern tenants.
Newer Towers Keep Grabbing The Spotlight
Colliers’ move lines up with a broader pattern: tenants are gravitating toward newer, amenity-heavy buildings while older properties face ownership shakeups or conversion talk. Recent downtown activity, from owners shopping marquee office blocks to smaller landlords locking in targeted leases, has underscored that trend in local headlines. Coverage from WCPO on major building sales and a burst of fresh subleases, along with reports that Sawyer Point snags six new leases, all highlight the same dynamic playing out downtown.
