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 20 states. Residential properties are located primarily in Youngstown, Ohio and surrounding communities and consist of both multi- and single-family buildings. Several residential properties are also located in Naples, Florida. 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 a number of 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 and Family Dollar, both of which operate a substantial number of stores throughout the country. Currently Dollar General operates over 8,500 stores in 34 states while Family Dollar operates over 6,500 stores in 44 states. Cocca Development is one of the largest developers, owners, and lessors of space for these retailers.
Strip center tenants include nationally recognized, as well as local, retail and other businesses, including Alco-Duckwall, Goodwill, Big Y Supermarkets, Papa John's Pizza, Dunham's Sporting Goods, Dollar Tree, Arby's, Dots, Pier 1 Imports, Family Christian Bookstores, Verizon Wireless, Comcast, Tractor Supply, Orscheln Farm & Home, Aaron Rents, HHGregg, and Guardian Protection. Office, industrial and warehouse tenants include government agencies as well as national tenants, such as Federal Express, Akron Childrens Hospital, Saint Elizabeth's Hospital, United States Postal Service, United States Social Security Administration, Youngstown State University Metro College, West Central Job Partnership/Mercer County Career Link, Mahoning County Educational Services, Keystone Rehab/Physiotherapy, and Huntington Bank.
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; it also has a satellite office in Sarasota, FL in another owned approx. 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 residential real estate for rent, 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 2nd 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 which is 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.