Originally founded in the late 1940s, Kravco quickly established itself as a leading private real estate developer and property management company, becoming one of the largest retail shopping center organizations in the United States and the largest in the Philadelphia region. Collectively, Kravco’s professionals have managed, leased, developed and redeveloped over 30 million square feet of commercial real estate, primarily in the retail sector, including the acclaimed King of Prussia Mall.
Following more than half a century of proven success, including a successful strategic partnership with Simon Property Group from 2003 to 2011, Arthur Powell, an original Kravco founder, and his son, Jon Powell launched Kravco Company LLC. Kravco continues to build on its excellent reputation among local, regional, and national tenants, and among its investment partners.
SeventySix Capital and Kravco were instrumental in bringing an innovation center to Philadelphia - the Microsoft Reactor - in partnership with Microsoft, University City Science Center, and Wexford Science & Technology.