Who We Are:
Kin Properties Inc. is a privately-held commercial real estate investment company in business for over 50 years. Our principal activities are the acquisition, ownership and operation of free-standing, net leased, single tenant retail properties, single tenant industrial properties and big-box “power center” properties.
We are a family business that has been owned continuously, from the time of our founding through today, by a single family group. We are proud that a third generation of family members is now actively involved in our operations and management, helping to perpetuate our business into the future. Unlike a REIT or a limited-term investment fund having revolving door managers and shareholders, our principals and decision makers are here for the long haul (which we measure in decades, not years). Our shared family legacy inspires us all to maintain and uphold the very highest standards of professionalism, propriety and probity in everything that we do.
All of our properties are owned by us as principals. We have no outside investors; we are not investment advisors or brokers; and we do not manage any properties other than our own.
What We Own:
We currently own approximately 750+ separate properties. Individual properties range in size from as small as 2,000 square feet, to as large as 2,000,000 square feet. In the aggregate, our properties contain 30,000,000 of rentable square footage. Our properties are located in towns and cities throughout the United States (in 45 states) and Canada. The vast majority of our properties are single tenant retail properties, such as drug stores, supermarkets, home improvement stores, furniture stores, major department stores, office supply stores, toy stores, sporting goods stores, clothing stores, restaurants, bank branches and other retail establishments. We also own so-called “power centers” containing multiple, big-box retail tenants. A substantial portion of our portfolio consists of industrial properties—primarily, major warehouse and distribution centers. Single tenant office buildings, rented on long term lease to Fortune 500 companies, are also included in our portfolio. We also own land, subject to a ground lease, underlying both single tenant and multi-tenant retail properties and office buildings. Our properties are located in primary and secondary markets throughout the country. When we buy properties, we do so intending to hold for the long term. Many of our properties have been in our portfolio for decades, which we have redeveloped over the years through numerous changes in tenants and building configurations.
Who Are Our Tenants?:
We are proud to include among our tenants many of the nation’s top retailers and Fortune 500 companies. Some of our tenants are: Macys, Neiman Marcus, TJ Maxx, Ross, Beall’s, Kohl’s, Forever 21, Footlocker, Haverty’s, Home Depot, CVS, Walgreens, Rite Aid, Safeway, Albertsons, Sprouts, Stater Brothers Supermarkets, Whole Foods, Kroger, Publix, Winn Dixie, Dollar General, Dollar Tree, JC Penney, Office Depot, Staples, The Sports Authority, Sears/Kmart, Leslie Pools, Toys R Us, Wal-Mart, Rent-A-Center, Dow Chemical, ADT, JPMorgan Chase, Coca Cola, as well as many others. Many of these tenants consider us to be the landlord of choice when they are looking for new locations. We also lease a substantial portion of our retail properties to regional and local retailers of all types and descriptions.
How We Operate:
All of our operations are conducted out of our headquarters located in Boca Raton, Florida. Here, we maintain fully staffed departments for leasing, property management and construction, so that tenant needs may be addressed promptly, properly and courteously. We also maintain a complete in-house legal department, with lawyers and paralegals who have joined us from major metropolitan law firms, so that leasing, purchase and sale transactions can receive expert and immediate attention and proceed to closing promptly. Finally, we maintain a full service accounting department. We take pride in the high esteem in which our tenants hold us. In large measure, we attribute this to the efforts and professionalism of our outstanding staff of seasoned industry professionals, and to our key executives who have all been associated with us for more than 25 years. Their unsurpassed experience and expertise have enabled us to forge close and long-lasting relationships with tenants, which we value as among our most important assets.