General Electric Headquarters, Cincinnati, Ohio

“The Banks” development, Cincinnati, Ohio

  • Property comprises 339,678 sq.ft. of office accommodation on the Banks phase II development, a 24/7 “Live, Work, Play” community
  • Property fully let to General Electric Company (“GE”), a for a term of 15 years with options to extend and will serve as GE’s new U.S. Global Operations Center
  • Located in the City of Cincinnati, the Property is less than a 20 minutes drive to the Cincinnati/Northern Kentucky international Airport (“CVG”) and within the Cincinnati Central Business District, offering excellent accessibility
  • GE plans to hire up to 2,000 new employees in this location, adding to their footprint in Cincinnati which includes GE’s Aviation division
  • Ranked 8 in the Fortune 500, GE has an investment grade rating from Standard and Poor’s (AA-) and Moody’s (A1)
  • As the most populous city in Ohio and the 28th largest MSA in the US, Cincinnati is home to 10 Fortune 500 company headquarters, including notable companies Kroger (No. 20)  and Procter & Gamble (No. 32)
  • Cincinnati’s’ strategic location is within proximity of major interstates, rail and the CVG providing outstanding connectivity to the rest of the US.  The region is a 90 minute flight or a days drive away from 2/3 of the US major markets, 1/2 of US manufacturing establishments and over 40% of the US purchasing power

Acquisition closed:

10/2016

Location:

39.097 North
-84.512 East

Full location map