Lima Mall

What Lima Mall does

Lima Mall is a traditional enclosed regional shopping center located at 2400 Elida Rd., Lima, OH 45805, owned by The Rocky Companies and operated digitally through a partnership with Placewise LLC. The property houses 40+ retail tenants and dining options anchored by JCPenney, alongside national mid-tier brands such as Old Navy, maurices, Bath & Body Works, Kay Jewelers, and GNC, as well as local and chain restaurants including Golden Corral, Cinnabon, and Chopsticks Express. The mall's hours of operation are 11:00 AM to 8:00 PM.

The business generates revenue primarily by leasing retail space to its tenant base — a recurring, rent-based model — supplemented by specialty leasing opportunities for temporary and permanent tenants. The consumer-facing layer consists of a Placewise-built website that provides a store directory, a directory map, deals and sales aggregation, an events calendar, a seasonal lifestyle blog ('Trends'), and a Club Members email registration program, with social media presence via Twitter and Pinterest. The digital platform is a commodity template used across the Placewise mall network and contains no proprietary AI, app, or API surface.

The customer base is split between B2B (retail and dining tenants leasing space) and B2C (local Lima-area consumers and families seeking a one-stop shopping, dining, and entertainment destination). No revenue figures are publicly disclosed, the company is privately held under a conglomerate parent, and no funding rounds, M&A activity, regulatory actions, or leadership changes are evidenced in the available data. The geographic footprint is limited to a single Ohio property with no indicated expansion plans.

Name

Lima Mall

Legal name

Lima Mall

Website

https://limamall.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Lima Mall is a privately held, mid-tier enclosed shopping center in Lima, Ohio, owned by The Rocky Companies and operated digitally by Placewise LLC, leasing space to 40+ retail and dining tenants anchored by JCPenney and serving local consumer foot traffic.

Ownership category

akta.pro rank

Product category

Shopping Center / Retail Real Estate

NAICS

General Merchandise Retailers (455)

SIC

Retail-Misc General Merchandise Stores (5399)

akta.pro primary industry

Retail Property Management (BPAJAGAB)

akta.pro secondary industry

Mid-Tier Department Stores (Mall-Based Chains) (CRAGACAH)

Keywords

• Shopping mall management
• Retail space leasing
• Enclosed shopping center
• Retail real estate
• Mall marketing platform

Headquarters

HQ city

Lima

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Marketing or Sales, Personnel, Infrastructure, Technology or R&D

Revenue model

1. Retail Space Leasing: Lima Mall generates revenue by leasing retail space to various tenant stores and restaurants. Tenants include anchor stores like JCPenney, fashion retailers, dining options, and service businesses.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Lima Mall is a traditional enclosed shopping center in Lima, Ohio, leasing retail and dining space to approximately 40+ tenant stores and restaurants. Its own core offering consists of the physical mall environment together with a supporting digital platform — a website featuring a store directory, current deals and sales, an events calendar, a lifestyle blog, and a club membership program — that drives foot traffic and tenant leasing inquiries. The mall does not sell merchandise directly; revenue is generated primarily by leasing space to tenants such as JCPenney, Old Navy, maurices, Bath & Body Works, Kay Jewelers, and GNC.

Product overview

Lima Mall is a physical shopping center operated by Placewise LLC on behalf of The Rocky Companies. The digital offering consists of a website platform providing store directory navigation, current deals and sales promotions, an events calendar, a blog with seasonal lifestyle content, a mall membership program, and specialty leasing services for prospective tenants. The portfolio represents a mall directory and marketing platform rather than a unified software product with integrated modules.

Differentiator

Problem solved

Functional benefit

Products and services

• Lima Mall Store Directory Online directory of retail stores and restaurants at Lima Mall, featuring store listings organized by category including Shop, Dining, and Map views for mall navigation. Used by shoppers to plan visits and locate tenants.
• Lima Mall Deals & Sales Platform showcasing current deals, discounts, and sales promotions from Lima Mall tenant stores, including percentage-off offers and special pricing events.
• Lima Mall Events Calendar of mall events and happenings featuring seasonal activities, community gatherings, and entertainment at the shopping center.
• Club Members Program Mall membership program allowing shoppers to register for exclusive news, offers, and promotional updates from Lima Mall.
• Specialty Leasing Commercial leasing service for retail space within Lima Mall, offering opportunities for temporary and permanent retail tenants to inquire about and lease space.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Placewise LLCcoreTechnology or IntegrationPlacewise LLC operates the Lima Mall website and digital platform. They provide the technology infrastructure powering the mall's website, including the shopping directory, events, deals, and content management system.

Scale indicators1 record

Recent moves5 records

Expansion highlights3 records

Direct peers

• Macerich: Mall REIT focused on regional and super-regional shopping centers, many anchored by JCPenney, Macy's, and similar tenants. Closely comparable to Lima Mall in format, anchor mix, and revenue model.
• Washington Prime Group: Mall REIT operating enclosed shopping centers in secondary and tertiary U.S. markets with department-store anchors. Highly comparable to Lima Mall in scale and tenant mix.
• PREIT (Pennsylvania Real Estate Investment Trust): Mall REIT operating enclosed shopping centers with department-store anchors in secondary markets. Comparable to Lima Mall in business model, tenant mix, and exposure to mall-format headwinds.
• Taubman Centers: Mall REIT focused on super-regional and regional shopping centers. Operates similar enclosed mall assets with comparable leasing economics and tenant structures.
• Urban Edge Properties: Mall REIT operating a portfolio of mid-tier shopping centers with department-store anchors, often in densely populated secondary markets. Directly comparable in asset class and tenant profile.
• Brookfield Properties (Retail): Operates a portfolio of enclosed U.S. malls under the Brookfield Properties retail umbrella (formerly GGP). Comparable as a peer mall operator leasing space to department-store and specialty retailers.
• Simon Property Group: Largest U.S. mall REIT operating enclosed shopping centers including mid-tier and Class B properties with department-store anchors. Directly comparable to Lima Mall in business model (retail space leasing, mall operations, tenant mix management).
• RPT Realty: Operates open-air and enclosed shopping centers with grocery-anchored and mall-style formats. Comparable as a peer in retail property leasing to national and regional tenants.
• CBL & Associates: Mall REIT operating mid-tier enclosed malls across secondary U.S. markets, frequently JCPenney-anchored. Highly comparable to Lima Mall in market tier, tenant profile, and operating pressures.

Others

• Placewise: Digital platform provider that operates Lima Mall's website, directory, club membership, and content. Adjacent ecosystem participant — not a competitor for tenants, but a key technology/operational partner and a useful comparator for the digital experience Lima Mall depends on.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xtwitter.com/LimaMall
• Facebookfacebook.com/LimaMall
• LinkedInlinkedin.com/company/lima-mall

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lima Mall