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The Azarian Group, L.L.C.
is a privately-held, full service property management /
development organization engaged in the acquisition,
development, management, leasing, insuring, construction and
financial management of retail, commercial and investment
properties for its own portfolio as well as third parties.
We purchased our first
office building in 1970 and our first shopping center in 1972. Since then we
have experienced controlled and steady growth. We currently
own and manage over 750,000 square feet of space in 15
properties throughout New Jersey and New York, with more than 250 tenants,
as well as rental properties in Pennsylvania and Florida. Our total portfolio
is valued at over $275,000,000.00.
The Azarian Group takes a long term approach to ownership and management by seeking
to effect and deliver extraordinary value by creating
lasting relationships with our tenants, communities,
lenders, partners and investors.
We also manage
properties for the small private investor, large
partnerships and limited liability companies. We have
developed shopping centers from the ground up, constructed
new buildings, implemented major renovation projects and
revitalized distressed properties through re-leasing,
renovation and promotion and advertising events.
The Azarian Group
is pleased to be one of the largest commercial mortgage and
banking customers of Provident Bank, Lakeland Bank and
Atlantic Stewardship Bank. We have established, long
term relationships with these lending institutions as well
as conduit (securitized) lenders and private and public funding companies
and equity investors.
During the
nine month period ended April 15, 2007, The Azarian
Group acquired three major shopping centers (Town
Plaza II,
Orangeburg, NY;
Plaza
K Shopping Center, Woodbridge, NJ; and
Lenox Plaza, West
Paterson / Little Falls, NJ) totalling over 105,000
square feet, with more than 25 tenants, for over
$37,000,000.
We are very
proud of our reputation and performance over the past 38
years and we optimistically anticipate the future of The Azarian Group, L.L.C.
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