Sawyer Point Building Lands Six New Leases in Downtown Cincinnati

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The Sawyer Point Building in downtown Cincinnati has landed six new leases totaling over 20,000 square feet, helping lift occupancy after a change in ownership in late 2025. The four-story riverfront office property had seen occupancy slip below 60% and a major tenant exit, but the new deals with professional services and nonprofit tenants are part of the new owner's efforts to stabilize the asset.

Why it matters

The leasing activity at Sawyer Point is a positive sign for downtown Cincinnati's office market, which has faced challenges with occupancy and tenant turnover in recent years. The building's new owner, Matrix Holdings, is betting that hands-on management and targeted upgrades can help lure tenants back to older Class A office buildings, a strategy being employed in several Midwestern downtowns.

The details

The six new leases at Sawyer Point include tenants like Blue & Co., the Alzheimer's Association, CVG Home Buyers, and US Digital Partners. The deals total over 20,000 square feet and have helped lift occupancy after the building's previous major tenant, Champlin | EOP, departed for a new location, leaving a 13,000-square-foot vacancy on the first floor. Matrix Holdings purchased the 182,700-square-foot property in late 2025 after commercial real estate firm CBRE marketed it as a value-add opportunity for investors.

• The six new leases were signed starting in the third quarter of 2025.
• Matrix Holdings purchased the Sawyer Point Building in late 2025.

What they’re saying

What’s next

The Sawyer Point Building still has roughly 78,000 square feet of available space, and the recent leasing activity is just the start of the new owner's efforts to fully stabilize the property.