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8 metrics to help you choose the right retail investment for your portfolio
Scott Onufreyon February 22, 2012
Many investors are squarely focused on the “Big Six” markets — the New York metro area; the Washington, D.C.-Baltimore corridor; Boston; San Francisco; Chicago; and Los Angeles. But we also see a great deal of opportunity and value in many other strong markets around the country, in addition to the Big Six.… Read More
Chile’s new Sodimac home improvement store continues to break ground underground
Gonzalo Castroon February 9, 2012
Sodimac Home Center and Constructor went below the surface to take home improvement shopping to new heights in Viña del Mar, Chile. In December, Sodimac opened its latest location on the underground floor of Kimco’s Espacio Urbano Viña Centro shopping center.… Read More
A fast new way to find franchise opportunities
Brett Cooperon January 19, 2012
We’ve just started rolling out a new initiative for entrepreneurs, franchisees, and franchisors: Kimco’s FastTrack Franchise program. FastTrack Franchise is a program we created to streamline the franchisor/franchisee process in our shopping centers. There are now new tools on our website that let you pick a franchise and find pre-approved sites within the Kimco portfolio to open your business.… Read More
Effective rents pushed higher due to heightened demand for retail space
Dave Henryon February 17, 2012
Jim Cramer invited Kimco to be on his CNBC show, “Mad Money,” last week to talk about Kimco’s solid fourth quarter 2011 earnings results. We also got to talking about what I see as an important trend in the retail market — constrained retail space — and why I believe Kimco is well-positioned to take advantage of this.… Read More
Staten Island: An underrated retail investment
Josh Weinkranzon February 6, 2012
New Yorkers are known for their partiality to their borough. So I might ruffle some feathers with what I’m about to say. But I think you’ll understand my reasoning by the end of my post. Staten Island is the jewel of New York, and a great area to own retail real estate from Kimco’s perspective.… Read More
12 retail real estate trends to watch in 2012
Mike Pappagalloon January 18, 2012
There are several factors anchoring our thinking as to how 2012 will play out for the retail real estate market. We look at the market trends that have shaped and are continuing to shape the industry, the economic climate domestically and abroad, as well as activity happening in our portfolio and the trends we’re seeing among our tenants.… Read More
A cake retailer’s recipe for sweet sales numbers this Valentine’s Day
Scott Tuckeron February 14, 2012
Valentine’s Day cupcakes from Nadia Cakes
A lot of holidays involve sugary treats, but Valentine’s Day probably takes the cake. Most people are hitting the bakeries for cakes, cupcakes, chocolates, and other sweets to take home to their sweetheart. So cake shop owner and Kimco tenant Abby Jimenez has good reason to be in love with Valentine’s Day.… Read More
How Kimco chooses properties to redevelop
Geoff Glazeron January 25, 2012
In an effort to create value in our existing portfolio of properties, Kimco continually analyzes redevelopment and retenanting opportunities. Redevelopment keeps a property fresh; ensures continued retail foot traffic; repositions the property for future growth; and increases cash flow, NOI, and property value — thereby maximizing value to both the community and our shareholders.… Read More
Two New Jersey shopping centers help light the way in solar energy
Will Teichmanon January 9, 2012
Two of Kimco’s properties, which are part of our corporate-wide sustainability program, were in the news lately. Our Bridgewater Promenade and Edgewater Commons shopping centers have powered up their new rooftop solar installations, which will supply an estimated 1.3 million kilowatt hours of clean, zero-emission power annually to the centers’ tenants.… Read More