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Downtown office building lands San Francisco bitcoin firm

Downtown office building lands San Francisco bitcoin firm

San Francisco-based River Financial is taking 13,600 feet in 80 on the Commons, filling the last available space in one of the most recent additions to downtown Columbus.

The bitcoin firm selected the mixed-use property to house its operations hub and about 30 new employees. It joins Coastal Ridge Real Estate (also the building's owner and manager), BBI Logistics and Root Insurance in the building.

Colliers handled the leasing of the mixed-use development.

Built at a cost of $60 million and opened in 2018, the 350,000-square-foot 80 on the Commons office complex has ground-level retail, five stories of offices and six levels with about 124 apartments and penthouse units. Amenities include attached parking, a fitness studio and rooftop patio for tenants, as well as being conveniently located downtown and abutting a green space, Columbus Commons.

River Financial announced its plan to open a Columbus office earlier this year.

“The Central Ohio area has a robust infrastructure for operations, financial services, and compliance, and we know that River Financial can leverage these resources for our long-term success," COO Andrew Benson said in a media release. "We are looking forward to expanding our corporate footprint in the Columbus region and building upon all that the area has to offer.”

The Ohio Tax Credit Authority in August approved a seven-year, 1.5% tax credit toward opening the office and creating 30 jobs over the next two and a half years. The credit would be worth a combined $235,000 over the life of the deal if River creates all the jobs and meets other terms, including staying in Columbus at least 10 years.

Daniel DunsmoorAndrew Jameson and Michelle Fude of Colliers represented Starwood Capital and Coastal Ridge Real Estate, the building's owners, in the deal. Ryan McHugh and Grant Hartman of Colliers represented River Financial.


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Daniel Dunsmoor

Brokerage Executive Vice President & Principal

Columbus

Dan is recognized as a market leader in the Columbus, Ohio commercial real estate market, specializing in the lease and sale of Class A and B office space.


Dan has been involved with over 750 commercial real estate transactions valued in excess of $800,000,000 and accounting for over 5,000,000 SF of Class A and B office space.

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Michelle Fude

Brokerage Associate

Columbus

Michelle specializes in office leasing and tenant representation. She focuses on canvasing all competitive properties to confirm tenant rosters, identify initial target markets and complete daily cold calling. Michelle delivers constant communication to clients through activity reporting on all current deal activity and provides daily creative solutions and proactive marketing plans specific to each property. 

Prior to joining Colliers, Michelle worked in the financial services industry. She held various positions utilizing top notch customer service and problem solving skills. Her main objective was to find positive solutions for customers that focused on balancing company profit with customer satisfaction. Michelle has brought that same drive and passion to the Colliers Columbus Office Service Group. 

 

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Andrew Jameson

Senior Executive Vice President

Columbus

Andrew Jameson has 25 years of experience in the sales and leasing of office space as well as investment sales and tenant representation. Andrew’s primary focus has been in the Columbus suburban and downtown office market. Through creativity, efficiency and extreme persistence, Andrew simply gets results for clients.  His work ethic has led to being awarded virtually every year Co-Star Power broker award, Columbus Board of Realtors – Top 10 producers, and even Colliers national awards (top 5% in the country in production).

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Ryan McHugh

Associate

Columbus

As a brokerage associate at Colliers International, Ryan specializes in commercial office leasing, including both landlord and tenant representation in the central Ohio area. Ryan worked as an intern at Colliers International Columbus prior to coming on as a full-time associate. His market knowledge, attention to detail and relentless effort allow Ryan to come up with creative and effective real estate solutions for his clients.   

Ryan graduated from The Ohio State University with a dual-specialization in finance and real estate. While at OSU Ryan was involved in several student organizations, including the Fisher Real Estate Society where he served as Vice President. Real estate has always been his primary interest, but financial background enables him to offer those essential skills to his clients.  

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Grant Hartman

Brokerage Associate

Columbus

As a  Brokerage Associate at Colliers International, Grant specializes in office leasing and sales, in addition to contract work and negotiation, in the Greater Columbus area. He is a motivated entrepreneur providing successful solutions for his clients and colleagues.


In 2013, Grant received his Ohio Real Estate Sales License from Hondros College of Business and immediately began practicing commercial real estate. He has been involved in numerous transactions totaling more than $4,865,000 in value, and is currently listing over 500,000 SF of commercial space for lease.

As a natural born Buckeye, he received his Bachelor’s degree from The Ohio State University in 2017 with a major in Financial Services; Education and Human Ecology and a minor in Business Management. In his tenure at OSU, he was a member of the Fisher Real Estate Society.


Prior to joining Colliers International, and during his education at The Ohio State University, Grant was a Realtor with Keller Williams Consultants Realty, where he helped buyers and sellers with contract negotiations and assisted buyers in purchasing residential and land investment opportunities. His experience as a Realtor led to an internship at Colliers | Greater Columbus Region, where he then advanced into the Broker in Training Program before becoming a Brokerage Associate. In addition, Grant owns and manages three residential investment properties in The Ohio State Housing District.

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