KennMar Company Profile
Background
KennMar is a full-service commercial real estate firm dedicated to creating spaces that inspire, bring people together, and serve the community. The company's mission is to develop properties that fulfill current needs and remain valuable for years to come. KennMar's vision emphasizes collaboration with local leaders to design projects that align with community aspirations, fostering environments that promote unity and inspiration.
Key Strategic Focus
KennMar's strategic focus encompasses:
- Integrated Real Estate Services: Offering a comprehensive suite of services, including brokerage, investments, development, construction, and property management, ensuring seamless project execution from inception to completion.
- Community-Centric Development: Prioritizing projects that serve and uplift communities by collaborating with local leaders to create spaces that meet communal needs and aspirations.
- Sustainable Practices: Committing to environmentally responsible development by following sustainable practices in all projects.
Financials and Funding
While specific financial details are not publicly disclosed, KennMar's executive team boasts impressive collective experience:
- Combined Commercial Real Estate Experience: Over 250 years among company professionals.
- Property Management: Management of more than 50 million square feet of commercial property.
- Capital Financing and Fundraising: Approximately $8 billion collectively financed and raised by the executive team.
Pipeline Development
KennMar's portfolio includes notable projects such as:
- Emler Swim School: A state-of-the-art facility featuring a custom indoor pool and modern amenities, completed in March 2025.
- Spring Mill Station: A multi-phase development in Westfield, IN, with ongoing construction updates as of November 2024.
- Nichol Avenue Development Project: Located in Anderson, IN, with significant progress reported in October 2024.
Technological Platform and Innovation
KennMar distinguishes itself through:
- Vertical Integration: A holistic approach to commercial real estate, offering end-to-end solutions that range from brokerage and investments to development, construction, and property management.
- Advanced Construction Technologies: Utilization of Autodesk Construction Cloud to streamline project management, enhance team collaboration, and provide clients with real-time updates.
- Sustainable Construction Practices: Emphasis on reducing embodied carbon and implementing prefabrication and modular construction techniques to improve efficiency and sustainability.
Leadership Team
KennMar's leadership comprises seasoned professionals:
- Brent Benge: President & Chief Executive Officer
- Bob Quinn: Chief Financial Officer
- Jim Nommay: Controller
- India Edmonson: Vice President of Property Management
- Chris Pickey: Vice President of Marketing
- Gino Pizzi: Vice President of Brokerage
- Tim Crowe: Vice President of Business Development
- Gianna Scappucci: Director of Brokerage
- Jordon Greig: Senior Accountant
- Austin Young: Project Manager
- Angel Castellanos: Project Manager
- Connor Kusters: Project Manager
- Jake Furnish: Preconstruction Manager
- Tyler Gillaspie: Digital Marketing & Communications Manager
- Ken White: Superintendent
- Mike Zent: Marketing Specialist
- Sam DeVazier: Assistant Superintendent
- Pam Lucido: Senior Property Manager
- George Openhym: Senior Property Manager
- Donna Lankford: Assistant Property Manager
- Tamera Lono’ae’a: Assistant Property Manager
- Karl Cargal: Chief Operating Engineer
- Charles Murry: Chief Operating Engineer
- James Beaucham: Maintenance Engineer
- Frank Hargrave: Maintenance Engineer
- Montrell Liggins: Maintenance Engineer
- Eric Sallee: Maintenance Engineer
Leadership Changes
In April 2024, KennMar appointed Bob Quinn as Chief Financial Officer, overseeing the company's accounting and finance functions.
Competitor Profile
Market Insights and Dynamics
The commercial real estate industry is characterized by:
- Market Size and Growth: A substantial and growing market driven by urbanization, population growth, and economic development.
- Industry Trends: Increasing emphasis on sustainable development, technological integration, and community-focused projects.
Competitor Analysis
KennMar operates in a competitive landscape with firms offering similar services. Notable competitors include:
- Kennedy Marr: A provider of ship brokerage services for the offshore oil and gas industry.
- Kenmare Resources: A mining company operating internationally.
- JENNMAR: A manufacturer of ground control products for various industries, including civil infrastructure and construction.
Strategic Collaborations and Partnerships
KennMar has engaged in significant collaborations to enhance its market position:
- Hotel Indy Partnership: Partnered with First Hospitality, a national hotel operating and development company, for the management of Hotel Indy in Indianapolis, IN.
- Community Engagement: Through the KennMar Cares initiative, the company sponsors events such as the Step Bright Up Topgolf Challenge and Mutt Strutt 2024, supporting local organizations and fostering community relations.
Operational Insights
KennMar's strategic considerations include:
- Vertical Integration: Offering a comprehensive suite of services under one roof, enhancing efficiency and coordination across projects.
- Community-Centric Approach: Developing projects that align with community needs and aspirations, fostering positive relationships with local stakeholders.
- Sustainable Practices: Committing to environmentally responsible development, positioning the company as a leader in sustainable real estate.
Strategic Opportunities and Future Directions
KennMar's strategic roadmap includes:
- Expansion of Service Offerings: Continuously enhancing its integrated services to meet evolving client needs.
- Technological Advancements: Investing in cutting-edge technologies to