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The
Azarian Group, L.L.C. has been an active member of the International
Council of Shopping Centers (ICSC) since 1978. When
The Azarian Group became a member, there were less than 1,000 members
in the ICSC; whereas today there are over 65,000 members.
The
Azarian Group manages properties for its own
portfolio as well as the
small private investor and large limited and general
partnerships and limited liability companies. The
Azarian Group has developed shopping centers from the ground
up, constructed new buildings, and revitalized distressed
properties through re-leasing, renovation and promotion and
advertising events. The Azarian Group believes in looking to the future and
using a property for its highest and best use. The
Azarian Group has always emphasized hands-on
management, which has been the key to the success of
The Azarian Group.
Azarian Realty Co. (Azarian Realty) performs leasing for all of
The Azarian
Group's owned and managed properties. Azarian Realty is a
licensed real estate brokerage firm in the states of New
York and New Jersey.
Azarian Realty
has leased over 1,000 stores, offices and apartments in
The Azarian Group's managed centers, office buildings,
medical building, apartments, investment properties and other properties since its
inception in 1983. Azarian
Realty primarily concentrates in leasing these properties.
The current vacancy rate in The Azarian Group's
portfolio averages a mere two to three percent, which is
substantially less than the industry norm of 10 percent.
Through aggressive marketing and leasing efforts, The
Azarian Group strives for 100
percent occupancy, which it does have in many of its
properties.
McCullough Development Company (McCullough Development) is
another subsidiary of The Azarian Group and performs
general contracting services for The Azarian Group's
properties. McCullough Development is owned by Paul E.
McCullough who is an engineer and former senior vice
president with the Pillsbury Corp. He was also previously
employed as a real estate representative for 7-Eleven and
McDonald’s. Mr. McCullough has been involved with developing
real estate for the past 45 years.
Azarian Agency
is responsible for all the insurance needs
for The Azarian Group's properties. Azarian Agency is owned
by Donna M. Azarian who is a licensed insurance producer in
the State of New Jersey and is affiliated with some of the
strongest, most competitive and highest rated carriers in
today's market.
Azarian and Associates provides accounting services for individuals,
small businesses and all of The Azarian Group’s owned and
managed properties. The Azarian Family has been
performing accounting services for over 50 years.
Donna M. Azarian is the owner of Azarian and Associates.
Joel Weinberg, who has been employed by the Azarian Family for more than 20 years, is the administrator of this
division. Barbara Azarian-McCullough is also
involved with overseeing our accounting
services. |