David has had a distinguished career spanning over 40+ years ranging from Wall street CEO, President and Trustee of Glimcher Realty Trust (GRT), a NY Stock Exchange REIT that he and his father took public in 1994. He has secured $100’s of millions in investment for retail construction and franchise development projects. With AZCO he leads the development of retail sites including the #1 Ranked Day Care provider in the nation.
David has been responsible for Management, Financial Structuring, and Development for the REIT from 1994-1998 where the company owned in excess of 50 properties located across 25 states and totaling in excess of 20 Million square feet.
David then departed GRT to pursue other private development opportunities in growth markets in Ohio, Colorado, and Arizona (1998-2005), however, David remained active in the strategic direction of the company on the GRT Board of Directors. During this same period, David formed a $300 Million joint venture with Lehman brothers called Petroleum Realty Investment Partners (1998-2002) to provide Sale Leaseback and Mortgage Financing to the Gas Station and Convenience Store industry under a unique, new platform.
He also opened up a new corporate headquarters in Scottsdale, Arizona and joined forces with his son and another partner to develop over 20 properties primarily in Colorado, Arizona, California, and Ohio (2001-2010).
David was then involved in several additional business ventures from 2010-2020, including commercial real estate consulting in the shopping center/mixed-use development, and net lease tenant segments of the industry. Glimcher’s companies developed, managed or acquired over 30 Million square feet during his career.
Following the recognition of a tremendous need for new daycare/preschool facilities throughout the country, David established a preferred development relationship with a fast-growing, reputable National daycare/preschool company and formed AZCO Development, LLC with current partners, Lenora Male and John Schottenstein, to facilitate development in the fast- growing markets of Ohio, Arizona, Colorado, and Utah. At the same time, the company began working with numerous restaurant tenants (QSR’s), automotive, and coffee concepts that are interested in similar rollout programs in the same markets.
