Mr. Zamagias is the majority owner of TeleTracking Technologies, Inc., and is responsible for all business operations of the company.
His involvement with TeleTracking began in 1991 when the company was in its earliest phase as a start-up. Since then, TeleTracking has grown the niche it created into a multi-million dollar annual business that is now the recognized world leader in capacity management automation solutions for healthcare organizations.
A perennial KLAS category leader, it has grown by over 500 percent in the past decade and holds an 80 percent share of the penetrated capacity management market, with 2,000 applications in nearly 900 hospitals around the world. Clients include most of the nation’s top hospitals, as recognized by U.S. News and World Report, Thomson-Reuters and Becker’s Hospital Review.
His entrepreneurial acumen has produced a successful network of businesses in addition to healthcare technology, including commercial real estate development, leasing and property management, banking/finance and energy development.
Mr. Zamagias entered the real estate business in his early twenties as a licensed residential salesperson. He soon moved into the commercial real estate business, establishing himself as a top commercial leasing agent. In 1984, Mr. Zamagias moved to Pittsburgh, and founded his own company that, in 1987, became Zamagias Properties.
In 1988, he launched Robinson Town Centre, a 766-acre, mixed-use, $500-million, three-phase development located on the main access route between downtown Pittsburgh and Pittsburgh International Airport. Partnering with Forest City Enterprises and the Edward J. DeBartolo Corporation, Mr. Zamagias helped orchestrate a brand-new major market area with the three phases, culminating with “The Mall at Robinson”—a 1.2 million square foot enclosed mall anchored by J. C. Penney and Sear’s, now owned and managed by Forest City.
In 2001, Mr. Zamagias partnered with Rabil Properties to develop several mixed-use spaces in Richmond, VA, including a five-story, student-housing and retail building located near Virginia Commonwealth University. Mr. Zamagias has pursued numerous other student-housing developments, most notably in 2009 with Bethany College in West Virginia.
Mr. Zamagias now owns a controlling interest in more that 1.6 million square feet of office, retail, and mixed-use properties located primarily in Western Pennsylvania.
He also co-founded Pennsylvania Capital Bank in 1991 (later to become part of Huntington Bank) and has developed over 150 oil and gas wells in Pennsylvania. In 2011, he purchased a fast-casual, wood-fired, pizza and sandwich concept called City Oven in order to create a business that would employ and mentor entrepreneurial teens and adults from underprivileged backgrounds. City Oven is located in Mr. Zamagias’ Times Building in Downtown Pittsburgh.