A family business built on stewardship, people, and place

Since 1983, Kensington Investment Company has built and invested with a long-term mindset grounded in stewardship, leadership, and a responsibility to the people, places and communities our work impacts.

Kensington Investment Company offices

We’ve always believed that how you build matters as much as what you build.

Kensington Investment Company is a family business built for the long term. Across real estate and private investments, we focus on responsible growth, thoughtful design, and assets meant to endure.

Our approach is guided by stewardship over short-term gains, enduring partnerships over quick transactions, and meaningful impact over momentary success.

Across every investment, the philosophy remains the same: lead with integrity, build thoughtfully, and create lasting value over time.

KIC leadership team
OUR MISSION
We will strive to be the leading socially and environmentally responsible family real estate development and investment firm in New England and Utah. Our focus will be strategic acquisitions, investments, and development in New England, Boston and Utah. We will leverage our resources and leadership by partnering with diverse socially responsible organizations to enhance and enrich people’s lives.

Within a rewarding and challenging environment, we will manage core investments to create long-term wealth.

We will change people’s lives.
OUR VALUES IN ACTION

Open & Courageous

Open & courageous communication is critical for all of us to break down barriers, continuously improve at what we do, and drive a successful business.

We encourage all of our associates to communicate in a direct and candid manner that reflects their true thoughts and convictions. Simply saying the “politically correct” thing is detrimental to this environment and is not acceptable. We believe that recognizing our weaknesses and asking for help is a sign of strength.

Risk Taking

We ask all of our associates to move outside their comfort zones to try things they may not have tried before and to push themselves to attempt things they are not sure they can do.

Toward this end, we foster an environment where it is safe to make mistakes, which we believe are important learning experiences that we can build on. Failure results only when we do not even attempt the well-intended risks, or when we do not learn from the outcomes. Growth happens when we do.

Emotional Maturity

Emotional Maturity is having the ability to understand and regulate one’s own emotions in a healthy and constructive way.

It can be developed and improved over time through self-awareness, self-reflection, and practice. It involves being able to manage strong emotions such as anger, anxiety, and sadness in a productive and helpful way.  Emotional maturity is also taking full accountability over one’s actions and owning their outcomes.

Teamwork

We believe in small groups of people who work together to create excellent results, solve difficult problems, support each other personally and professionally, and recognize their success.

In a fast-paced and rapidly changing environment, each member of the team is critical for success. Empowered teams are comprised of people who are committed to taking the necessary actions to assure that the team will reach its goals. Every member must be fully accountable for the team — and his or her own personal results.

Speed

We must be fast, flexible, and as time-competitive as possible to keep us ahead of our competition and be a leader in our industry.

We strive continuously take our speed to new levels in order to achieve the aggressive corporate goals we have set.

Quality

Our decisions must be made and actions taken in accordance with the highest standards of quality and service.

Quality can be subjective, and in our business quality often involves a compromise between speed and perfection. When the level of quality required is in question, we operate to the high standards expected by our customers. Excellence is the foundation for building strong partnerships, loyal customers (residents) and company growth.

About our founder

Founded in 1983. Still guided by the same conviction.

Kensington Investment Company was founded by Alan E. Lewis as the home for the Lewis family’s real estate, investment, and philanthropic work.

A social entrepreneur and lifelong advocate for leadership, opportunity, and human potential, Alan built KIC on the belief that business, service, and giving back were never separate pursuits. That philosophy continues to shape how we invest, operate, lead, and measure success today.

About our Founder
Alan E. Lewis, founder of Kensington Investment Company

Where character meets high standards

Strong leaders are the difference-makers. At KIC, leadership means thinking independently, acting with integrity, making difficult decisions thoughtfully, and holding a high standard for both people and outcomes.

Our team

Build with us

We invest in people with integrity, strong judgment, and the confidence to lead. If you want to contribute to a culture built on values and long-term thinking, explore open roles.

View open positions
The Kensington Investment Company team

Our responsibilities

We measure success not only by what we build, but by how we lead, invest, and contribute over time. These responsibilities guide the standard we hold across the business.

To our associates

We will provide an environment that fosters professional development as well as encourages personal growth for our associates. We will build and support a winning team by providing a rewarding and challenging workplace where associates are encouraged to provide meaningful feedback and to take risks that move the business forward.

We will maintain competitive compensation and benefits packages relative to the industry and community. We will conduct business with mutual respect for each other and our roles within the organization.

Alan and Harriet Lewis, founders of Kensington Investment Company

Financial responsibility

We will operate Kensington Investment Company and our entities, in a sound manner, to create growth, and increase value.

KIC's approach to financial responsibility

Social responsibility

We will commit time and resources to volunteerism and giving back to our local communities. We will focus on supporting environmental sustainability, social justice, and youth empowerment.

We believe that strong leaders make stronger communities. We will provide opportunities for associates to volunteer at work and encourage associates to volunteer in their own local communities. Through our volunteer efforts, we will help change people’s lives.

KIC community impact program

Environmental responsibility

We will strive to be an integrated model of conservation and sustainable energy. We will operate, build, and refurbish our real estate portfolio with a focus on energy efficiency. Quality of life and sustainability are at the forefront of what we do.

We will do our part to  help save the earth we share by focusing on sustainable operations both in our offices and within our real estate portfolio.

Environmental stewardship at KIC properties

Built over decades

Over four decades, Kensington Investment Company has grown from a series of foundational acquisitions in Boston into a diversified platform spanning real estate, investments, and community impact. Each phase reflects a disciplined approach to growth, long-term ownership, and a belief in building with purpose.

Formation and early expansion

Kensington Investment Company was founded in 1983, formalizing a disciplined approach to real estate development and long-term ownership. Early acquisitions in Boston, along with the establishment of an internal management platform, laid the groundwork for operational control and future growth.

1980s
1979
Clark’s Block, Natick
1979
375 Newbury Street (originally 91–97 Massachusetts Avenue)
1983
Acquisition of 883 Boylston Street
1983
Kensington Investment Company founded
1984
Acquisition of 28 Exeter Street
1985
Acquisition of 347 Congress Street (headquarters for Grand Circle and KIC)
1989
Internal management company established

Strategic assemblage and investment in core assets

Throughout the 1990s, KIC focused on assembling key sites and reinvesting in core assets across Boston. These efforts positioned the firm for future development and strengthened its long-term real estate portfolio.

1990s
1988
Assemblage of Washington and LaGrange Streets (future site of The Kensington). Completed in 1996.
1994
$20M renovation of 347 Congress Street. Completed in 1996.

Investment platform and strategic growth

KIC expanded beyond real estate into broader investment partnerships, building a diversified platform alongside continued development activity in Boston. This period reflects a more structured approach to growth, combining real estate expertise with institutional investment relationships.

2000s
2002
Vintage investment partnership established
2003
Viola investment partnership established
2005
Ashford Land Partners in Philadelphia
2005
South Hinge Block assemblage, including 685 Washington Street and LaGrange parcels. Completed in 2011.
2006
Acquisition of Beach Street Garage (Chinatown) and Joslin Center partnership
2006
$12M repositioning of 361 Newbury Street
2007
Morgan Stanley partnership established
2008
MDC Medical Building completed in Israel

Major developments and geographic expansion

The completion of The Kensington marked a defining milestone, followed by continued investment in Boston and expansion into Utah. This decade reflects both geographic growth and the development of larger, more complex projects aligned with KIC’s long-term strategy.

2010s
2013
The Kensington completed
2014
$21M repositioning of 375 Newbury Street
2015
Acquisition of Jewish Memorial Hospital site (5-acre development site)
2015
Utah headquarters established at 1796 Prospector Drive
2016
Alnoba constructed
2016
Acquisition of 1912 & 1960 Sidewinder
2015
Acquisitions of Newmarket portfolio between 2015-2018 (later sold in 2021)
2018
Astra Tower site acquired
2019
Acquisition of 311 South State Street
2019
Acquisition of 1500 Kearns

Scaling and flagship projects

Recent years reflect a period of acceleration, with new acquisitions, repositioning projects, and the delivery of Astra Tower. KIC continues to scale its platform while maintaining a disciplined approach to quality, long-term ownership, and operational excellence.

2020s
2020
Ascent at 1791 completed
2021
Acquisition of 204 East 300 South in Salt Lake City
2023
$15M rooftop amenity repositioning at 28 Exeter
2025
Astra Tower delivered