The Azarian Group, L.L.C., a leading New Jersey based commercial real estate investment, leasing and management firm, is pleased to announce the addition of Kevin Pelio as Director of Leasing effective November 1, 2021.
A graduate of the University of Miami Herbert Business School’s Entrepreneurship program, Mr. Pelio is rejoining The Azarian Group, having started his real estate leasing and property management career in 2009 with the company. Since his early career with The Azarian Group, Mr. Pelio spent 8 years at Simon Property Group, a publicly traded REIT and Fortune 500 Company, where he was an integral part of the property management strategies and responsible for the execution of the inline and auxiliary leasing initiatives for assigned assets comprising of 18 million square feet of open-air outlet and regional shopping centers throughout the Northeast, Mid-Atlantic, Southeast, and Midwest. Most recently Mr. Pelio served as a Senior Acquisitions and Real Estate Manager for Lidl US, identifying and sourcing store expansion opportunities for the leading German grocer.
With twelve years of experience holding various responsibilities encompassing leasing, property management, asset management, site selection and development in the commercial retail and office real estate industry, in the new role at The Azarian Group, Mr. Pelio will oversee and lead all aspects of portfolio leasing and strategy for the Company. “The Azarian Group has had a half century track record of extraordinary and steady growth and success. I embrace the challenge and am excited to rejoin the Company with an opportunity to work alongside the entire team at The Azarian Group, as we strategically enhance and evolve forward this dynamic and exciting portfolio for the next half century”.
Mr. Pelio has a long track record of leading teams through complex projects and will spearhead the implementation of leasing strategies to enhance merchandising mixes, the execution of rigid lease management practices, procuring, maintaining and growing tenant relationships, and maximizing deal making opportunities.
Founded in 1970, The Azarian Group, L.L.C. is a fully integrated property ownership and management company comprised of an 18-property portfolio, approximately 350 tenants and grossing more than 1,200,000 square feet of commercial real estate throughout New Jersey and New York.
The Azarian Group, L.L.C.