About Kris Krstovski
Kris Krstovski is the Founder and President of K2 Retail Group, a commercial contracting and Development business headquartered in Grand Rapids, MI. As a third-generation construction manager, Krstovski brings over 30 years of commercial real estate (CRE) development and construction expertise to business owners across Michigan and beyond. A master finish carpenter by trade, Kris decided to leverage his retail construction skills and decades of field experience by opening his contracting service. Since the launch of K2 Retail, Krstovsi has been privileged to oversee retail renovation and construction projects from concept to erection to grand opening.
Kris’s success in retail construction has been a direct result of his ability to communicate effectively with land developers and trade contractors and develop strategic plans that hit construction milestones and stay within budget limits. His project field experience is unquestionable, having led dozens of large retail projects for industry giants like Marshall’s, TJ Maxx, BJ’s Wholesale Club, and more.
Krstovski’s understanding of the business side of construction is likely responsible for the company’s success. He is able to analyze a project’s design and consistently calculate construction costs to determine bottom-line estimates for potential clients. To Kris’s and his client’s benefit, he has spent years forging partnerships with local and national equipment and material suppliers, which lower overall project costs for stakeholders while also increasing profits for the builder.
A Leader in Retail Development
With over 30 years in the construction business, Kris Krstovski has spearheaded the completion of over 200 retail builds worth over $1.2B in total project costs. His ability to hire the best tradespeople, laborers, and equipment operators has likely been instrumental in his completion of high-quality retail establishments. More importantly, Kris stays intimately involved in every aspect of the project, confidently managing his teams and outside contractors through delays caused by weather or material shortages. The foundation of his retail construction business and what he expects from everyone on his team is simple – to show up ready to work, to be prepared with the tools needed for that day, and to be ready to adjust when field conditions dictate.
Krstovski markets K2 Retail Group as “A Proven Partner—For Every Phase.” This is what’s unique about Kris’s business model. He doesn’t just come in to construct a retail building; he forges a partnership with his clients that includes tailor-made services from concept design through all phases of construction, along with commercial property management. K2 Retail really does do it all!
K2 Retail Group Business Model
Land or Property Acquisitions
Kris Krstovski is an established commercial real estate land developer who can assist clients in finding and acquiring the perfect location for their retail projects. He often counsels stakeholders on the benefits or disadvantages of acquiring an established retail building with plans to renovate it for a new purpose. Kris can see the potential in an empty lot by judging the area’s location, square footage, access to utilities, and zoning regulations.
Lease Administrations
A unique part of the K2 business model is Kris’s willingness to act as a leasing administrator. This may include finding a commercial tenant, tracking the lease agreement, ensuring tenant compliance, and providing maintenance oversight in association with the property manager. Providing this service effectively frees his clients from a large amount of administrative work once they’ve decided to enter the CRE leasing sector.
Property Management
K2 Retail offers property management services to CRE owners who are located outside the property’s service territory. Kris’s vision is to offset some of the time demand placed on real estate investors while also ensuring that both property owner and tenant can communicate effectively when there are any problems. Kris’s goal as a property management service is to protect the owner’s investment and maximize the rental property’s infrastructure.
Planning, Design & Budgeting
Krstovski personally handles all phases of commercial construction planning, facility design, and project budgeting, providing a one-stop construction solution that is streamlined and faster than traditional models. As a design/build contractor, K2 offers a single point of contact, which results in a higher quality level throughout all project phases. It also allows Kris to increase the speed of completion times and improve cost management.
Contractor Bidding & Selection
Kris knows that commercial construction can be complex, especially in the early phases of requesting contractor bids. However, his long-standing expertise is widely known in the Michigan construction community, allowing Krstovski to partner with the best subcontractors, tradespeople, and equipment vendors without budget overruns. Once the project team has been selected, Kris oversees each contractor and ensures that they adhere to the written contract of services or material procurement contract to protect the client’s financial investment.
Supervision & Close-out
Krstovski has created a reputation for his company’s quality work and transparent financial system. For this reason, his clients have confidence in K2 Retail’s expertise in financial oversight, including estimating, scheduling, and negotiating for the best men and equipment to ensure a successful project.