Zamias Services Inc. · Johnstown, PA United States
Company Description
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Zamias Services invests in, leases, and manages retail properties such as big-box shopping centers and shopping malls, primarily in Pennsylvania. The company typically buys underperforming assets or develops in distressed areas, allowing it to turn the properties into more profitable ventures. Its owns more than 30 properties in about a dozen states; the firm also provides property management services for other owners. Affiliate company George D. Zamias Developer develops the firm's properties. Zamias Services, which is owned by the Zamias family, emerged from Chapter 11 bankruptcy protection in 2004. To read the full description, subscribe now.
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Key Zamias Services Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Employees | 80 |
Zamias Services Inc. Executives
4 executives listed for Zamias Services Inc.'s Johnstown, PA location.
| Title | Name & Bio | Contact |
| Chairman, President and CEO | Damian Zamias | Network |
| Vice Chairman | Stephen Zamias | Network |
| SVP, Leasing | Perry Russ | Network |
Competition
Competitive Landscape for Zamias Services Inc.
Demand, which is driven by the volume of commercial real estate transactions, is heavily influenced by real estate vacancy rates. The profitability of individual companies depends on efficient operations. Large companies have advantages in performing a full range of services in multiple markets. Small companies can compete effectively by specializing in local markets. Average annual revenue per worker is over $200,000 for brokers and agents, but under $100,000 for property managers, reflecting the more labor-intensive nature of the business. To read the full description, subscribe now.Top Zamias Services Inc. Competitors
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