{"id":1004039820,"date":"2012-03-15T04:23:03","date_gmt":"2012-03-15T12:23:03","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004037485"},"modified":"2022-12-05T21:02:19","modified_gmt":"2022-12-06T05:02:19","slug":"colliers-lands-1-msf-office-leasing-contract-in-cincinnati","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/colliers-lands-1-msf-office-leasing-contract-in-cincinnati\/","title":{"rendered":"Colliers Lands 1 MSF Office-Leasing Contract in Cincinnati"},"content":{"rendered":"<p><strong>By Nicholas Ziegler, News Editor<\/strong><br \/>\n<a class=\"highslide\" href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/03\/031512-Queen-City-Square-Cincinnati.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004037487\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/030512-econ-watch-dentist-user-shino-%e8%aa%8c%e9%87%8e-300x168-50x50\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/03\/030512-Econ-Watch-Dentist-user-shino-\u8a8c\u91ce-300x168-50x50.jpg\" data-orig-size=\"50,50\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"030512-Econ-Watch-Dentist-user-shino-\u8a8c\u91ce-300&#215;168-50&#215;50\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/03\/030512-Econ-Watch-Dentist-user-shino-\u8a8c\u91ce-300x168-50x50.jpg?w=50\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/03\/031512-Queen-City-Square-Cincinnati.jpg\" alt=\"\" title=\"031512 - Queen City Square Cincinnati\" width=\"300\" height=\"233\" class=\"alignright size-medium wp-image-1004037487\" \/><\/a><\/p>\n<p>Colliers International has picked up a sizable management contract, as the firm was named the leasing broker for the 1 million-square-foot Queen City Square in Cincinnati&#8217;s Downtown. The property, which still has a remaining 140,000 square feet available for lease, encompasses multiple buildings that include 303 Broadway and the Great American Tower, the city\u2019s newest skyscraper.<\/p>\n<p>Eagle Realty Group, a member of Western &amp; Southern Financial Group, is the developer and property manager of Queen City Square.<\/p>\n<p>\u201cQueen City Square has been very attractive to the city\u2019s leading office tenants and is now over 85 percent leased,\u201d Mario San Marco, president of Eagle, said. \u201cWe are pleased to have selected the esteemed Colliers firm to market the few remaining spaces in this special development.\u201d<\/p>\n<p>According to data from services firm Jones Lang LaSalle, the Cincinnati market is experiencing the same rebound seen nationwide. The local area experienced modest growth through the fourth quarter of 2011, with unemployment falling by 0.8 percent to close the year at 8.5 percent. While leasing velocity fell in the same timeframe when compared to the third quarter of the year, \u201cthe trend of large users committing to new space continued,\u201d giving life to the leasing market that Colliers will be facing.<\/p>\n<p>The completion of the Great American tower, while driving business volume up in the Downtown area, has sent ripples through the city\u2019s leasing markets. With the expanded office space available, JLL now characterizes the city as a tenant\u2019s market, but notes that \u201cthe market has likely hit bottom and, with time, space will begin to be absorbed slowly strengthening the position for landlords.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Colliers International has picked up a sizable management contract, as the firm was named the leasing broker for the 1 million-square-foot Queen City Square in Cincinnati&#8217;s Downtown.<\/p>\n","protected":false},"author":1201,"featured_media":1004037101,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21781,13,21742,21747],"tags":[],"class_list":["post-1004039820","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-corporate-real-estate","category-midwest","category-latest","category-office"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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