Plaza Centro is one of Kimco’s malls that never seems to turn off. Located in Caguas, Puerto Rico, it’s usually bustling with excitement as customers shop the diverse collection of 100 retailers and enjoy time with friends and family. During the holidays, there’s a festive energy about the mall, an energy shoppers discover when they walk through the front doors.… Read More
Hear that? That’s the sound of retailers across the country catching their second wind for the big holiday shopping finale. As you’ve probably already read, consumers spent $11.4 billion on Black Friday, $52.4 billion over Black Friday weekend, and $1.25 billion on Cyber Monday — all record numbers.… Read More
Walking around the ICSC conference last week, you knew it wasn’t 2009 anymore. Attendance was up this year, resulting in over 6,500 attendees, and there was more energy, activity, and buzz in the crowd as many retailers are in better financial and operating positions than they were just a few years ago.… Read More
Today I’m headed to New York City for the International Council of Shopping Centers (ICSC) 2011 National Conference and Deal Making Meeting, the East Coast’s largest real estate conference.
Sherrie Ammirato is used to seeing dozens of furry tails when dog owners bring their four-legged friends into her Doggie Bag store to shop for doggie treats, toys, and apparel. But this week, she’s also paying close attention to the tail-end of the holiday shopping season in the run-up to Christmas.… Read More
Several of our properties and people have caught the media’s attention lately, and we wanted to share the goings-on in case you missed them. Here’s a look at what’s been happening lately:
“Indoor Kart Racing Facility Could Ride Into Cinnaminson.” We’re working with Speed Raceway to possibly occupy a space in our shopping center on Route 130 in Cinnaminson, N.J.… Read More
Welcome to our first acquisitions strategy discussion. Over the course of this blog series, we will give insight into a number of factors that influence an investor’s thinking when evaluating a shopping center acquisition. In addition, we are going to look at the 31 major metro areas Kimco invests in, and give a snapshot of the economic and social factors of each.… Read More