Vision

Mr. Kenny, with long-time partner and friend, Alan Lazowski, CEO and founder of LAZ Parking and LAZ Investments, have been partners in an assortment of commercial real estate investments for approximately 35 years.  They first worked together in 1985 when Mr. Kenny and his late father Maurice Kenny developed Talcott Plaza and leased 800 parking spaces to LAZ Parking in LAZ Parking’s first parking garage deal. Prior to that investment, LAZ only did valet and surface parking operations.  Today LAZ Parking is the 2nd largest parking operator in the United States and controls over 1,000,000 parking spaces in 3,300 lots/garages in 420 cities and 35 states throughout the USA.  Since 2008 when they developed Addison Mill Apartments in Glastonbury, Mr. Kenny and Mr. Lazowski have been steadily working together as partners, primarily on MFR ventures.

Under the leadership of Mr. Kenny and Mr. Lazowski, Lexington has developed numbers of projects including Trumbull on the Park, Addison Mill, and Mallory Ridge. Trumbull on the Park in downtown Hartford  (100 apartment units with a restaurant and other retail, completed in 2006 sold in 2017), Addison Mill in Glastonbury, CT (55 units completed in 2009 and sold in 2017), and Mallory Ridge Apartments (78 Units completed in 2013 and sold in 2015). Other notable projects Lexington developed include The Tannery in Glastonbury, CT (250 Units + a restaurant completed in 2017), Windsor Station Apartments in Windsor, CT (130 Units completed in 2017), and The Borden in Wethersfield, CT (150 Units plus a restaurant and retail level completed in 2020).  Lexington has also acquired Class-A multifamily properties in Connecticut including Saybrook Station (186 units purchased in 2018) and The Lofts at Main & Temple, now known as Sage Allen Apartments (120 units purchased in 2019). Lexington Property Management

In early 2018, Lexington Partners expanded its business strategy to acquire, renovate, and stabilize workforce housing product in growing secondary and tertiary markets in the Southeast. Returns would be realized by making capital improvements, improving on formerly mismanaged and undermanaged properties, and bringing rents of these properties up to market level.  As part of the commitment, Lexington Partners appointed Chris Reilly as President of Lexington Property Management.  Mr. Reilly implemented additional talent acquisition, technology deployment, and organizational structuring to successfully execute the new strategy.