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Newmark Arranges Sale, Financing of Office and Retail Space at Ohio MXU Development
Newmark facilitated the sale and acquisition financing of the office and retail components of The Pointe at Polaris, a mixed-use asset located in the Polaris submarket of Columbus, Ohio. The property was acquired by DFWLAND from a joint venture between VanTrust Real Estate and NP Limited Partnership.
Newmark’s Senior Managing Director Derek Fohl, Executive Managing Director Jim Postweiler, Senior Managing Director Peter Harwood and Associate Director Jack Trager, in collaboration with Executive Vice President Jim Clark, represented VanTrust Real Estate. Vice Chairman Gary Carr advised DFWLAND, while Executive Managing Director Ari Schwartzbard and Vice Chairman Bill Weber arranged the financing. Associate Jake Paschen provided analytical support for the transaction.
Strategically positioned along Polaris Parkway, The Pointe at Polaris comprises 212,366 square feet of trophy office space and 33,071 square feet of curated retail space, as well as luxury residential offerings. The property’s office component is fully leased to a diverse roster of established tenants.
