Bayer Associates Tapped to Manage 1.5M Mixed-Use Asset
Developed by Steiner + Associates, the Cincinnati-area Liberty Center features retail, office, hotel and multifamily components.
Aerial view of Liberty Center. Image courtesy of Bayer Properties
The owner of Liberty Center, a 1.2 million-square-foot mixed-use property near Cincinnati, has selected Bayer Properties to oversee management operations. Steiner + Associates headed the partnership, which opened the large-scale development in 2015. Previously, JLL had managed the asset.
The 100-acre Liberty Center is home to a diverse mix of asset types including 860,000 square feet of retail and 75,000 square feet of office space. Additionally, the property has a 130-key AC Marriott and the 240-unit Liberty Center Apartments.
Located at 7100 Foundry Row in Liberty Township, the retail component has a wide range of tenants such as a Cinebistro movie theater, H&M, Dick’s Sporting Goods and Dillard’s. In May, an indoor skydiving center opened in a new building at the southeast corner of the property.
Amstan Logistics, the largest tenant in the office component, moved into 13,075 square feet in March, according to Journal-News. Other tenants include Northwestern Mutual, RE/MAX and Sheeler Financial. A 130,000-square-foot office expansion is planned for the northern side of the parcel, though the project has yet to break ground.
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