Cincinnati/ Real Estate & Development

Cincinnati's Top Concrete Firm Snaps Up Vacant Sharonville Office for New HQ in $2.1M Deal After $1.5M Auction Opening Bid

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Published on September 04, 2026
Cincinnati's Top Concrete Firm Snaps Up Vacant Sharonville Office for New HQ in $2.1M Deal After $1.5M Auction Opening BidSource: GOOGLE STREET VIEW

Baker Construction Enterprises, the nation's top-ranked concrete contractor and Greater Cincinnati's fourth-largest private company, plans to move its longtime headquarters into a vacant three-story office building at 3 Crowne Point Drive in Sharonville. The company acquired the 81,084-square-foot property for $2.1 million after a $1.5 million auction opening bid, and intends to transform it into its new corporate home.

The purchase was reported by Local 12 News, citing the Cincinnati Business Courier, which reports the deal closed on September 2. Baker Construction currently books more than $3 billion in annual billings, and the move would relocate its headquarters from 900 North Garver Road in Monroe, Ohio, a shift of roughly 20 miles within the Greater Cincinnati region. The Crowne Point property sits just south of the East Sharon Road and Interstate 75 interchange in Sharonville, according to the same report.

Built in 1998, the vacant office building spans three stories and sits on two land parcels — reported as 5.8 acres by Local 12 and as 5.74 acres in listing records from Crexi. Those same listing records describe 325 surface parking spaces, a feature suited to a high-density corporate office. Before landing in receivership, the property had been offered with a $1.5 million auction opening bid in early 2026 through brokerage Prodigy Properties, per Crexi's records.

A Discounted Deal in a Targeted Growth Corridor

A Discounted Deal in a Targeted Growth Corridor The property did not sell for $1.5 million; Baker Construction paid $2.1 million to acquire the building. The property is in Sharonville. It also sits about one mile from major regional manufacturing employers, including GE Aerospace and the Ford Sharonville Transmission Plant, placing Baker's future headquarters within close reach of two of the area's largest industrial operations.

Baker Construction has deep roots in the region's skyline. Its Cincinnati landmarks include Baker Concrete Construction's work pouring 2 million square feet of concrete for the 41-story Great American Tower at Queen City Square, work that earned the firm the AGC of Ohio's 2010 Build Ohio Award, per ProView. Engineering News-Record ranked Baker as the nation's #1 concrete contractor for the 17th consecutive year in October 2025, while also placing it 15th overall among all U.S. specialty contractors.

Sharonville's Broader Redevelopment Push

Baker's move adds to a wave of major institutional relocations reshaping Sharonville. The city is also home to People Working Cooperatively's redevelopment of a 14.2-acre former meatpacking plant into a 70,000-square-foot administrative and operations campus, a project Hoodline previously covered. That relocation mirrors the pattern seen with Baker's acquisition: an underused or distressed property repurposed into a modern operational hub.

The city has simultaneously pushed forward on a $75 million Downtown Loop overhaul with roughly 225 to 250 apartment units planned. Together, the projects point to a suburb aggressively courting both residential density and corporate campuses along its highway-accessible corridors.

Several details about Baker's Sharonville transition remain unresolved. It is not yet clear how many of the company's more than 8,500 employees will ultimately be based at the Crowne Point Drive site, nor has a renovation timeline been made public. Whether the city will offer additional municipal tax incentives tied to the relocation also has not been disclosed.