Columbus, OH

After years of neglect and decreasing occupancy, Worthington Mall is under new ownership as of December 23, 2008.  Plans, led by local leasing and management firm Colliers Turley Martin Tucker and Chicago-based asset manager Jupiter Realty Company are under way to stabilize the property.  Paul Krimm, CSM, and Kevin James, CLS, CCIM of CTMT serve as management and leasing agents respectively. Jerry Ong of Jupiter is the asset manager.

The team is supported by on-site personnel who are working diligently to identify and address problems. Internal issues related to the property transition and deferred maintenance are among the first items of business. Further focus is being placed on improving interaction with tenants so as to maintain occupancy.   

The team is cognizant of the community’s and tenant’s interest in revitalizing Worthington Mall, and the goal is to return the Mall to a prominent center of the Worthington community. Utilizing Jerry’s deal-making experience, retail redevelopment prowess, and CTMT’s capabilities are a step towards rejuvenating and repositioning the asset.   

About Colliers & Jupiter Realty

About Colliers Turley Martin Tucker

Colliers Turley Martin Tucker recently completed the consolidation of its ownership structure with Cassidy & Pinkard Colliers, Colliers Pinkard, and Colliers ABR, forming a holding company that is one of the nation’s largest commercial real estate service firms. The consolidated entity operates in all 50 states, completes more than $13 billion in worldwide transactions annually, and manages more than $30 billion in real estate. The holding company’s portfolio totals 300 million square feet under property management, 210 million square feet of space for lease, and $5 billion in capital markets transactions annually. The Corporate Solutions division sustains more than 20,000 locations for Fortune 1,000 companies and delivers a new location "Every 80 Minutes." Colliers is the top-ranked real estate firm on the Global Outsourcing 100 companies list IAOP Top 100. For more information about Colliers International, a worldwide affiliation of independently owned and operated companies, visit

About Jupiter Realty Company

Chicago-based Jupiter Realty Company was incorporated as a privately held, vertically integrated development, investment and management firm in 1985, but the company has been adding value to real estate since 1960. By applying our in-house expertise, Jupiter acquires, develops, finances, renovates, repositions and manages mid-rise or high-rise office buildings, office parks, hotels, apartments, residential communities, regional or neighborhood shopping centers, free-standing retail stores, industrial buildings, mixed-use properties and land. The firm operates as a private investment firm in which partners contribute their own equity. Jupiter, its subsidiaries and affiliates operate nationally with primary faculties in the Southeast, Southwest and Midwest.

Contact Information

Wayne Henry
614-827-1724
whenry@ctmt.com 

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