With high-profile project openings, a major corporate move and a milestone anniversary, Borror had a big year in 2018. Thanks to these strategic moves, the company is positioned to continue along a rapid path of growth and expansion into 2019.
The Castle, one of the most highly anticipated new developments in the Short North Arts District, welcomed its first residents in June of 2018. The mixed-use development features 11,000 square feet of retail, 12,000 square feet of class A office space, a 210 space public parking garage and 105 high-end luxury apartments at 985 High, including some of the city’s swankiest penthouse flats. Retail space at the Castle is 100 percent leased, with tenants including Orangetheory, Penzone Spa and Salon, Vamp boutique and a new state-of-the-art White Castle restaurant.
After 10 years in Dublin, Borror moved its corporate offices to the Offices at 985 High at The Castle in May. The 8,000-square-foot Borror Office space is home to approximately 30 employees. At nearly twice the size of Borror’s previous home office at 600 Stonehenge Pkwy., the roomy new space allows for continued future growth. The office contains three conference rooms, 11 private offices along the perimeter of the building, 24 work spaces, and a corner executive suite overlooking High Street and 2nd Avenue.
In July, Borror celebrated its 10th anniversary, marking an incredible success story of growth. Borror CEO Doug Borror and President and COO Lori Steiner launched Borror in 2008 after leaving illustrious, two-decade careers with Dominion Homes. In just one decade, the real estate company grew from a team of two to a staff of over 100, from a portfolio of 1,062 properties to over 15,000 rooftops in Central Ohio. The company got its start with apartment management services, and now offers services in three divisions: development, commercial construction and property management, including apartment management, association management and senior living management.
Borror’s construction division continued to grow in 2018 as the City of Columbus continued to grow. The company expanded its construction division at the start of the year, naming Tom Garske as President of Borror Construction Company and launching an owner’s representative business under the Borror umbrella. With this new division, the Borror Owner’s Representation (BOR) team works to proactively manage commercial building projects from beginning to end—on behalf of owners, and in the best interest of all involved parties. The owner’s rep can assist in all stages of a construction project, from programming, to schematics, design, development, and construction documents.
Property management has been a key offering from year one, and Borror continues to make property management a top focus ten years in. In fact, Columbus Business First has recognized Borror as the second largest residential property management company in Central Ohio.