Zaya S. Younan
Posted: Tuesday, June 08, 2010 at 04:53 PM CT
Zaya S. Younan, an Assyrian born in Tehran, Iran, is a real estate entrepreneur who founded Younan Properties in 2002 and serves as its Chairman and CEO. He has more than two decades of executive management experience with publicly-traded Fortune 500 companies, including General Motors, Johnson Controls and TRW among others in the United States, Asia and Europe.
Mr. Younan brings depth and operational experience in the areas of turnaround management, continuous improvement practices, strategic planning, marketing, engineering, acquisitions and operations, and successfully has leveraged this experience to the commercial real estate industry over the last 12 years.
Mr. Younan has directed the growth of the company from inception to a portfolio of office assets worth $1.5 billion with more than 11 million square feet of high-quality Class "A", high-rise office buildings in five of the largest office markets in the U.S. In less than eight years, the company upgraded the quality of its portfolio - from smaller Class C buildings to Class A high rise office buildings and grew the employee base to 115 employees in five cities with regional service centers in each city to more effectively manage company assets and serve the tenant base.
Through successful acquisitions, the company has assembled the largest office portfolio in Dallas, where Younan currently is the largest office owner. Younan is the fourth largest office building owner in Houston.
Younan Properties' performance in leasing and operational management is the result of employing an approach to continuous improvement, process controls and efficiency management utilized in manufacturing and high technology.
Mr. Younan has been recognized for excellence and a discipline for performance in the commercial real estate industry as evidenced by Real Estate Forum's 2007 recognition as one of the Industry’s 100 Leading Companies. Forum also named Mr. Younan a CEO to Watch.
Mr. Younan received his Mechanical Engineering degree from the University of Illinois. He is a member of the executive committee of the board of directors of the Lusk Center for Real Estate at the University of Southern California, a member of the board of directors of the Smithsonian Institute’s Frontiers of Flight Museum in Dallas, Texas and a member of the board of advisors of Oaks Christian School in Westlake Village, California.