Carr Gottstein Properties currently manages and leases over a million square feet of retail, office and commercial space in the state of Alaska.  Since they were one of the real estate development pioneers in the Alaska they were able to acquire and develop on what have become many of the state’s busiest thoroughfares and intersections.  In addition they provide prime office locations in downtown Anchorage and other areas, and thoughtfully developed industrial locations in South Anchorage, the airport and the port district. 

Our property management arm, Denali Commercial Management does an excellent job of keeping our tenants happy and our buildings in tip top shape.

Company History
The Carr-Gottstein Properties is but one facet of the multi-dimensional Carr Gottstein companies that have been an integral part of the development of Anchorage and the state of Alaska, at one time even employing more people than any other private entity.  The enterprise was the result of a partnership of two men who had insight into the opportunities which this growing state could provide.

JB Gottstein & Company had provided groceries and other staple goods to Alaska since 1915. in fact it’s the oldest company in Anchorage.  In 1949, Barney Gottstein, just out of school, took over the management of the company which his father had started, and developed it into the largest wholesale grocery distribution center in the state. 

The next year JB Gottstein started supplying groceries to Larry Carr’s newly opened Quonset-hut grocery store in Anchorage.  Larry had come to Alaska from Southern California in 1947, with the goal of earning enough money to open a store “back home.”  Instead he decided to give this mew market a try.  The little store prospered and became the forerunner of the Carrs’ chain of supermarkets.
In the years which followed, Barney Gottstein and Larry Carr began acquiring and developing real estate together, an though their separate businesses flourished, it was inevitable that the two business associates would eventually merged their companies as they did in 1974.

Since that time, the Carrs’ stores were sold to Leonard Green investments and subsequently were purchased by Safeway.  While a few of the retail locations were included in the sale, the Carr Gottstein Properties end of the business is still actively managing the portfolio and always looking for new development opportunities.