The Koffler Group is a full service real estate owner/developer/manager based in Providence, Rhode Island. The Group began its operation in 1978, having been capitalized with proceeds resulting from founder Sol Koffler's sale of American Tourister Luggage Company to Hillenbrand Industries.
Since that time, The Group has been an active player in New England's real estate market, having acquired and/or developed a real estate portfolio with a maximum build-out potential of over 4 million square feet and conservatively valued in excess of $250 million. Through continued direct investments and/or in conjunction with public and private equity venture partners, The Koffler Group intends to significantly increase the size of its real estate portfolio in the coming years.
The Group's diversified portfolio is located regionally throughout New England and is heavily weighted in retail and office/R&D sectors, though it includes industrial, telecommunication, and residential properties as well. The Group provides property management services for the majority of the assets in the portfolio through its subsidiary, Koffler Management.
In addition to its wholly owned portfolio, in 2001 The Group established KGI Properties, LLC (www.kgiproperties.com), a joint venture with Great Island Development Group to acquire and develop retail and mixed-use real estate across the Northeastern United States. Since its inception, KGI has successfully completed the development of approximately 2.5 MM square feet of property at an aggregate cost in excess of $250 MM.
The Koffler Group
10 Memorial Boulevard, Suite 901
Providence, RI 02903
Voice: [401] 273-8600
Fax: [401] 273-9648
