Newmark Facilitates Sale and Financing of Office and Retail Components at The Pointe at Polaris in Columbus, Ohio

April 29, 2026 12:00 PM

Newmark announces the Company has facilitated the sale and acquisition financing of the office and retail components of The Pointe at Polaris, a top-of-market 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.

A Newmark Capital Markets team, including 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 seller VanTrust Real Estate in the transaction. Vice Chairman Gary Carr advised the buyer, DFWLAND, while Executive Managing Director Ari Schwartzbard and Vice Chairman Bill Weber arranged the financing. Associate Jake Paschen provided analytical support for the transaction.

"The Pointe at Polaris is a best-in-class mixed-use asset that reflects the quality VanTrust delivers nationwide," said Fohl. "We're seeing increased competition for institutional-quality assets as capital continues to target long-term value."

"Strong collaboration across teams was critical to the success of this transaction," said Schwartzbard. "The close alignment between debt and investment sales groups ensured a seamless process from start to finish and a favorable outcome for all parties. We're grateful for the partnership and execution of the entire team."

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, complemented by luxury residential offerings. The property's office component is fully leased to a diverse roster of established tenants, including Bank of America, Fiserv, Power Home Remodeling and Employers Health, while the retail portion is also fully leased to a mix of popular concepts such as Kitchen Social, Condado Tacos, Sweetwaters Coffee & Tea and Club Pilates.

"The Pointe at Polaris represents exactly the kind of institutional-quality, mixed-use development that VanTrust and our partner NP Limited Partnership set out to create - a fully leased, amenity-rich asset that serves both tenants and the surrounding community at the highest level," said Jeff Dillon, Chief Investment Officer of VanTrust Real Estate. "We're proud of what we built in the Polaris submarket and are pleased to see it transition to a buyer who shares our appreciation for long-term value. We're grateful to the Newmark team for their professionalism and market expertise throughout this process, and the DFWLAND team was a pleasure to work with from start to finish. We wish them great success with the asset."

The Pointe at Polaris offers seamless connectivity via Interstate 71 and sits within one of suburban Columbus' most active commercial corridors, known for its concentration of retail, dining and employment centers. The asset further benefits from its immediate proximity to Polaris Fashion Place, one of the region's most prominent retail destinations and a key driver of sustained tenant demand. The surrounding area continues to see strong interest from both tenants and investors, reinforcing Polaris as a preferred destination within the region.

"The acquisition of The Pointe at Polaris adds another top-tier investment to our growing portfolio of high-yielding, income-producing assets," said Vijay Borra, Chief Executive Officer of DFWLAND. "We are excited to gain entry into the Columbus market with this acquisition and thank the seller, VanTrust, for offering us another exciting investment opportunity."

"We selected The Pointe at Polaris as it encompasses sought-after office and retail tenants in a multi-use environment that includes multifamily and a hotel," added Brian Rosen, Chief Investment Officer of DFWLAND. "This opportunity fits in with our thesis of acquiring well-located office and retail assets in growing MSAs across the U.S."

This is the second time in the past year that Newmark has assisted DFWLAND with a key acquisition in the Midwest. The team previously worked with the same buyer in the $100 million acquisition of Park Place Village, a premier mixed-use asset in Suburban Kansas City.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended December 31, 2025, Newmark generated revenues of nearly $3.3 billion. As of December 31, 2025, Newmark and its business partners together operated from approximately 175 offices with over 9,300 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.

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