Cocca Development, Ltd is a multi-faceted real estate development and operating company. Formed by Anthony L. Cocca in 1999 to combine his various real estate holdings, the company has grown by acquiring, developing and building properties at a substantial rate. The company owns and manages a unique combination of commercial and residential properties.
The company’s properties are located throughout 25 states. Residential properties are located primarily in Youngstown, Ohio and surrounding communities and consist of both multi- and single-family buildings. Commercial properties consist of a combination of freestanding retail stores, retail strip centers and multi-tenant buildings, and office, warehouse and industrial buildings. Additionally, the company owns approximately 107 acres of vacant commercial and residential land for future development.
The company’s large number of free-standing retail stores are leased to national discount retailers Dollar General, Dollar Tree, and Family Dollar, which operate a substantial number of stores throughout the country. Currently Cocca Development is one of the largest developers, owners and lessors of space for these retailers.
Cocca Development also leases to several other large national tenants who are significantly represented in both free-standing and strip center retail spaces. These include Aaron Rents, Advance Auto Parts, Dunham’s Sporting Goods, Dunkin Donuts, Goodwill, Jared the Galleria of Jewelers, Kay Jewelers, Label Shoppers, O’Reilly Auto Parts, Shopko, and Tractor Supply.
Strip center tenants include nationally recognized tenants, as well as local, retail and other businesses — including Arby’s, Ashley Furniture & Home Store, AT&T, Big Y Supermarkets, Bomgaar’s Supply, Bon-Ton, Burger King, Comcast, Domino’s Pizza, FedEx/Kinko’s, Fifth Third Bank, First Commonwealth Bank, Fresenius Medical, Guardian Protection, H&R Block, Huntington Bank, Joann etc., JP Morgan Chase Bank, Liberty Tax, Nationwide Insurance, Ollie’s Bargain Outlets, Orscheln Farm & Home, Papa John’s Pizza, Shoe Show, Subway, T-Mobile, Verizon Wireless, and Weight Watchers.
Office, industrial and warehouse tenants include government agencies, rehabilitation and health services, and national tenants such as Akron Children’s Hospital, Ankle & Foot Centers, Crawford County Commissioners, Federal Express, Michigan Community Services, United States Postal Service, United States Social Security Administration, Valley Training Centers, and West Central Job Partnership/Mercer County Career Link.
Cocca Development’s headquarters is located in Boardman, Ohio and consists of approximately 7,000 square feet of space in one of its owned office buildings. The company also has a satellite office in Sarasota, Florida in another owned approximately 2,000-square-foot office building.
The company’s principal owner is Anthony L. Cocca. Mr. Cocca has owned and operated real estate since he was a teenager, and has also owned and operated other successful businesses throughout his career. At a young age, he began working in the construction business with his father. In 1984, in addition to owning and leasing residential real estate, he formed Videoland, and opened his first video rental store. Videoland grew to 50 stores, becoming the 21st-largest video store chain in the United States. In 1996 Mr. Cocca combined Videoland with several other successful video store chains, raising $74 million in an initial public offering, and sold to West Coast Entertainment, forming the second-largest video store chain in the United States. Mr. Cocca remained with West Coast for one year after the IPO and upon leaving, formed Ohio Medical Supply Company, which he sold in 1999 to the largest medical supply company in the United States, Physician Sales and Service/PSS World Medical.
During the periods of owning and operating these diversified businesses, Mr. Cocca continued to own, operate and acquire real estate. After selling Ohio Medical Supply, he decided to focus solely on real estate and began to increase his holdings through development and acquisition of additional commercial and residential properties. The development of commercial property has become the main focus of Cocca Development recently. Mr. Cocca also formed and is the principal of Cocca Real Estate, a full-service real estate brokerage for both commercial and residential property sales.
Cocca Development’s mission is to grow its holdings through acquisition and development of real estate of varying types in broad geographic locations with quality tenants.