Fairbridge Properties Acquires 252,985 SF Office Tower in Cincinnati

by Christina Cannon

CINCINNATI — Fairbridge Properties, a private investment company, has acquired Pictoria Tower, a 252,985-square-foot, Class A office property in Cincinnati for an undisclosed price. The eight-story building, located at 225 Pictoria Drive within the Pictoria Corporate Center, is 98 percent leased. Amenities at the property include covered access to a seven-level parking garage, conference center, upgraded lobby and two-story water feature. Tenants at Pictoria Tower include First Financial Bancorp, Northrop Grumman Corp., Beckfield College, HealthSpan, Ameriprise Financial, Yusen Logistics and Ultimus Fund Solutions LLC. There is currently a 4,000-square-foot vacancy in the building. Thomas Powers, James O’Connell and Michael Sullivan of Cushman & Wakefield represented the undisclosed seller in the transaction.

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