REAL ESTATE

Casto to lease retail space at The View on Fifth

BY Michael Fickes

Columbus, Ohio — State Street Capital Realty, an independent brokerage of Casto, has announced its recent listing for the retail portion of The View on Fifth in the Grandview area of Columbus, Ohio.

Under development by JSDI Celmark, Ltd., The View on Fifth is a mixed-use six-story project that will include 25,000 sq. ft. of retail shops and restaurants, a freestanding six-story parking garage and 285 luxury apartment residences — with one-to-four bedrooms.

Residential amenities designed for empty nesters and Millennials will include community spaces, a 24/7 fitness facility, meeting rooms and gathering areas and an all-weather outdoor deck with a swimming pool and hot tub, fire pits, grills, seating and dining areas.

Construction has commenced for The View on Fifth. The retail shops will come available for occupancy in time to open to the public in July 2015.

JSDI Celmark is a joint venture between the development companies of two Central Ohio developers, Jerry Solove and Mike Balakrishnan.

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REAL ESTATE

Vanguard Wine Bar leases Upper West Side space

BY Michael Fickes

New York — Vanguard Wine Bar has signed a 12-year lease for a 1,000-sq.-ft. ground-floor space at 189 Amsterdam Avenue between 68th and 69th Streets in New York City’s Upper West Side. It will be Vanguard’s second Manhattan location.

RKF represented both the tenant and the landlord, Ogden CAP Properties, in the transaction.

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REAL ESTATE

Pine Tree appoints Erin Bremen as VP acquisitions

BY Michael Fickes

Northbrook, Ill.Pine Tree Commercial Realty has named Erin Bremen VP of acquisitions and due diligence. Bremen will oversee underwriting and due diligence for new acquisitions.

She has 10 years of commercial real estate experience with a diverse background in real estate equity and lending. Prior to joining Pine Tree, Bremen worked for Allstate Investments in the real estate equity group where she focused on acquisitions and asset management for a $2.5 billion direct real estate platform.

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