Azalea Investments, LLC.
Azalea Investments, LLC.
Industry
About Azalea Investments, LLC.
Azalea Investments, LLC is a diversified company headquartered in Augusta, Georgia, with a strong presence in the southeastern United States.
Under the leadership of President Derek May, the company has established itself in several key sectors.
Outdoor Advertising
Azalea Outdoor Advertising manages nearly 200 static and digital billboards across Georgia and South Carolina.
These billboards serve as prominent advertising platforms, reaching thousands of drivers daily.
Derek May emphasizes the enduring relevance of billboards in the digital age, stating, "There are a lot of eyeballs every single day going down the road. I think that billboards are a very important part of the advertising mix."
Hospitality and Event Services
The company owns and operates the Augusta Marriott at the Convention Center, a premier hotel that hosts numerous events, including the AFCEA TechNet, Iron Man competition, and Peach Jam.
The hotel features Augustino’s, an on-site restaurant, and offers accommodations for visitors attending events at the adjacent convention center.
Derek May highlights the hotel's role in the local economy, noting, "If we’re doing well, that means a lot of folks are doing well this year. It really bodes well for our economy here in town."
Commercial Real Estate
Azalea Investments owns and manages several iconic office buildings in downtown Augusta, including:
- the "AU Building" on Lower Broad Street
- The Augusta Riverfront Center
- the Merrill Lynch Building
Despite the trend toward remote work, the company continues to lease premium office spaces.
They emphasize the importance of physical collaboration and creativity in the workplace.
Derek May observes, "I think office space is always going to be needed. It’s going to be a place of collaboration, a place where you get together and you get creative in ways that you can’t when everybody’s working from home."
Leadership
Derek May, the President of Azalea Investments, brings over 30 years of experience to the company.
His career includes roles in corporate technology and newspaper management, culminating in his tenure as Executive Vice President and later President of Morris Publishing Group.
His leadership is characterized by a competitive spirit and a commitment to community engagement.
Locations
- Augusta, GA, USA – Company headquarters and primary location for its diversified operations.
Azalea Investments, LLC continues to play a significant role in the economic development of Augusta and the surrounding regions.
The company contributes to the local economy through its diverse business operations in advertising, hospitality, and real estate.