Market Context: Polaris Area Office and Retail Market
The Polaris submarket is a dynamic and sought-after location for commercial real estate in the Columbus area. Recent trends indicate continued demand for quality office spaces, particularly Class A properties. While the overall Columbus office market has seen some fluctuations in average asking rents and vacancy rates, the Polaris area specifically has demonstrated resilience and growth, with new leases contributing to an influx of tenants. The area is characterized by its accessibility, proximity to amenities such as the Polaris Fashion Place, and a robust business environment, making it an attractive location for various enterprises.
Shopping Statistics
The Polaris area is a significant retail hub. Polaris Fashion Place, a major shopping mall, continues to be a strong performer, bucking national mall trends. The retail market in Columbus has shown recovery, with Polaris and Bethel Road areas reporting availability rates below 2.5%, indicating a tight market for retail spaces. Property sales in the broader Columbus retail market reached $75.4 million in Q2 2025, up 5.3% from Q2 2024, with private investors dominating the market. This vibrant retail environment contributes significantly to the appeal of the Polaris area for businesses and their employees.
Upscale Dining Options
The Polaris area offers a variety of upscale dining experiences, catering to diverse tastes and suitable for business lunches or client dinners. Notable establishments include:
• Jeff Ruby's Steakhouse - Columbus
• Fogo de Chão - Columbus
• Marcella's Italian Kitchen - Polaris
• Molly Woo's
• Flour Modern Pasta Bar
• Kitchen Social
• Nomad
• 17 Arrows Craft Kitchen & Bar