The Kempner Corporation currently owns and manages a portfolio of over one million square feet of commercial and multifamily properties located in the Northeast region of the United States and the New York metropolitan area. Included in its portfolio are grocery anchored and community shopping centers, strip shopping centers located on primary retail thoroughfares, free standing buildings and multifamily properties in New York City and suburban central business districts.
Peter and Jim Kempner, the managing partners of The Kempner Corporation have over 60 years of combined experience in commercial real estate. Kempner’s philosophy with respect to acquisition, financing, management and leasing of its portfolio has always been a hands on approach and direct involvement in every aspect resulting in a low leveraged portfolio at over 95% occupancy. Kempner acquires properties at or below replacement cost which translates into purchasing properties with rents that are at or below market levels, providing protection during difficult leasing market periods. Kempner has acquired properties with this basic premise for over thirty years also contributing to its overall occupancy level of 95%.