The Kornfeld Real Estate Group is an affiliated company of Denver-based The Kornfeld Companies, LLP (TKC). For thirty years TKC has developed neighborhood and community shopping centers throughout the western United States. TKC’s retail portfolio includes a collection of Class-A shopping centers anchored by Kroger affiliates, Safeway, Office Depot and Office Max. Together with a dynamic mix of local and regional retailers, the company’s tenants include Starbucks Coffee, Blockbuster, Comcast Cable Communications, Inc., Subway, Wendy’s, McDonald’s, GNC and Regis Salons. TKC is also active in retail leasing and property management.
TKC has teamed with some of the nation’s leading real estate investors to acquire or develop quality retail projects. By entering into joint ventures with TKC, investors have participated in prime retail centers in some of the country’s most dynamic cities. Joint venture partners benefit from the expertise of a development and management firm that has been in the market for two generations. The result for both TKC and its joint venture partners is ownership of first-class properties along with experienced personal and local management.
The company’s partners have included, among others, Miller-Klutznick-Davis-Gray Co., a real estate investment and development firm that developed such national landmark projects as Water Tower Place in Chicago, Boston’s Copley Place and Fox Plaza office tower in Los Angeles. TKC also has entered into joint ventures with T. Rowe Price’s real estate group, Heller Financial, Inc., a division of Fuji Bank, and the Gart Real Estate Co. for the development and acquisition of premier grocery store-anchored shopping centers.
TKC has also teamed with individual land owners and investors. Due to its independence, The Kornfeld Companies can offer a wide range of options to land owners, including outright purchase, joint venture partnership and other structures that allow an owner of an undeveloped parcel to maximize his or her value and minimize the resulting tax consequences. The company continually seeks to expand its portfolio to include other commercial properties.