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REIT Company: JW Mays (MAYS) (1924)

JW Mays Inc. (NASDAQ:MAYS) was founded in 1924 and is headquartered in Brooklyn, New York, USA. It has 29 full-time employees. It is a company engaged in the ownership, operation and leasing of commercial real estate in the United States. Its properties are mainly concentrated in New York, Jamaica.

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JW Mays (MAYS):

JW Mays, Inc. (at the beginning of its establishment in 1924) was originally a women’s clothing store. By the 1970s, it opened 9 chain stores with 5,000 employees. In 1982, the company entered Chapter 11 bankruptcy protection procedures. After that, it kept closing stores. By 1987, there were only three stores left, and on December 28, 1988, the last three stores were closed and completely transformed.

On January 1, 1989, JW Mays, Inc. was reorganized and established as a REIT company engaged in the ownership, operation and leasing of commercial real estate. The properties operated by it are located in Brooklyn and Jamaica, New York City, and in Levittown and Massapequa, Long Island, New York. Fishkill in Dutchess County, New York and Circleville, Ohio.

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