Zizza & Associates, or Zizza Co, is a diversified investment firm with interests ranging from real estate and finance, to food service and manufacturing.
Zizza Co’s current real estate investments are focused in the United States, with holdings in multifamily, industrial, self-storage, data center, and student housing. The company primarily invests in the equity of income-producing properties, but has the flexibility to invest throughout the capital stack and risk spectrum.
Zizza Co invests in real estate as both a general partner (GP) and a limited partner (LP). As a GP, Zizza Co owns four multifamily buildings in New York City (Brooklyn and Queens) totaling 300,000 square feet across 290 units, and a 50,000 square foot industrial building in Knoxville, TN. Zizza Co also developed 200 condominium units in Bergen Beach, Brooklyn, NY, in 1996 and 14 single family homes in Canton, MA in 2013.
The company’s limited partner real estate investments are mostly concentrated on the East Coast, with interests in roughly 14,000 garden-style apartments in Michigan, New York, Pennsylvania, Virginia, North Carolina, South Carolina, and Florida. More recently, Zizza Co has invested in industrial assets in the Rust Belt and in the Inland Empire region of California. The company’s most recent limited partner real estate investment was in self-storage, participating in an equity syndicate funding a GP pursuing a value-add investment strategy.
Zizza Co also has interests in operating businesses. Current investments include Bethlehem Advanced Materials (“BAM”) and Amboy Group (“Amboy”). Zizza Co has owned BAM, based in Knoxville, TN, since 2000. BAM and its subsidiaries, Solute and St. Julien, design and manufacture high-temperature furnaces for sale and for its own uses in the processing of specialty carbon, graphite, and ceramic materials for semiconductor and aerospace applications. Amboy, based in Woodbridge, NJ, is Zizza Co’s newest investment, purchased in 2016. The company processes and manufactures a variety of food products for major food service clients including Trader Joe’s, Whole Foods, and ShopRite.
Previous businesses held by Zizza Co include Metropolitan Paper & Recycling, Hallmark Electrical, and NICO Construction Company. Zizza Co also invests in operating businesses as an LP.
Primary Capital Partners (“Primary”), a wholly-owned subsidiary of Zizza Co, provides loans to small businesses and individual entrepreneurs, mostly secured by real estate. Primary’s loan book consists almost entirely of first and second mortgages on income-producing property and operating businesses. Historically, Primary has also been used as a source of deal flow for Zizza Co’s private equity investments when it is mutually beneficial to both parties.