Kodiak Properties, L.L.C., "Kodiak", was formed by Alan Hammerschlag and Scott Spector in 1994 to purchase strip shopping centers for investment purposes. Kodiak owns seventeen (17) shopping centers, one (1) office building and a 600 unit apartment complex.

Kodiak seeks properties that can be acquired with minimal risk, excellent current returns and/or substantial upside potential. Kodiak’s principals, by applying their specialized business approach, satisfy demanding investment requirements as they attempt to maximize their returns and achieve the highest possible values. Kodiak devises and implements strategies to meet the individual objectives of each acquisition.

Kodiak has the recognized and proven expertise to provide comprehensive asset management services to its investors seeking to invest in retail properties and to enhance asset values for disposition at maximum value and minimum cost. The Principals of Kodiak are seasoned professionals with backgrounds in acquisition, development, construction, leasing, disposition, marketing and financing who understand the complexities of the real estate business. Our depth and breadth of knowledge and experience covers virtually every issue from project financing to negotiating new leases. On behalf of our own account and our partners, we apply our extensive knowledge, skills and contacts in real estate to maximize asset value.

Over the past few years, the retail industry has been embattled by extraordinary changes and challenges. Adapting to these changes and responding to these challenges are central to Kodiak’s mission. Our technical skills and broad market knowledge combined with a “hands on” commitment to our projects are the hallmarks of Kodiak’s success. Kodiak principally purchases properties for long-term investment. In today’s market, retail properties in the Washington Metro area and surrounding areas, are considered the number one desired investment in real estate.