Sandor Development Company is a privately held shopping center developer headquartered in Indianapolis, Indiana. Founded in 1963, the company owns and operates over 8 million square feet of retail space across 25 states. The firm built its portfolio primarily through ground-up development until 2008-2009, when it shifted focus to acquisitions. Since then, Sandor has acquired more than $700 million in undeveloped land, existing centers, and single-tenant assets. The company expanded from 6 to over 8 million square feet during the past decade. Sandor's investment approach centers on center revitalization and maintaining a long-term view of property and market performance. Leadership includes David N. Eskenazi, who serves as President in Indianapolis, and Jay D. Stein, who serves as President in Scottsdale. The company operates offices in both Indianapolis and Scottsdale, Arizona. Sand Capital, an acquisitions and dispositions entity, is controlled by the principals of Sandor Development.