Julius L. Zelman founded The Zelman
Development Co. in 1965 in Los Angeles, California.
Early on, the company specialized in industrial property development
in and around Vernon and the greater Los Angeles area.
The same year that Julius Zelman started the company, he
met and developed a relationship with Ben
Reiling when Reiling was an industrial broker
with R.A. Rowan Company. After completing many industrial
projects together in Vernon, Reiling joined Zelman Development
Co. in 1973.
Upon Mr. Zelman’s retirement in 1983, Mr. Reiling
acquired the company. Under his direction and leadership,
the company’s interests expanded by developing projects
nationwide and expanding the company’s focus beyond
industrial development to include suburban office and retail.
Throughout the 1970’s and 1980’s, the company
grew into developing large office, industrial and retail projects.
These projects were developed in partnership with some of
the leading investment institutions in the industry including
The Prudential
and Copley Real Estate Advisors. In the early
1990’s, Zelman Development Co. also expanded their development
efforts in other areas outside of Los Angeles, including Colorado,
Florida, Northern California and Washington.
It was also in the 1990’s that the company began developing
“power” shopping centers, with
such large-format national retailers as Target,
Costco,
Lowe’s
Home Improvement, and Best
Buy. Notable retail projects developed by Zelman
Development Co. include Encinitas
Town Center in Encinitas, California (620,000
square feet), Zelman Meadows Marketplace in Denver, Colorado
(400,000 square feet), and Burbank
Empire Center in Burbank California (900,000
square feet). In addition to the “power” centers,
Zelman Development Co. concentrated on the development and
redevelopment of large distribution/warehouse
projects in Northern California, Southern California and Washington.
The company pursues and successfully completes real estate
transactions of all sizes and levels of complexity while focusing
on larger, regional projects.
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