Several factors are converging in 2012 to help the capital markets stabilize after experiencing significant volatility last year. Although some issues remain uncertain — particularly Europe’s financial struggles — several areas of the market are rebounding and gaining momentum. Here are seven capital market trends Kimco is watching in 2012, and how we see them impacting retail real estate throughout the year.… Read More
As Geoff Glazer explained in a previous post about Kimco’s property redevelopment process, we continually analyze our portfolio to identify new ways to add value to our centers and enrich the shopping experience for customers. Through our own analysis and by keeping the lines of communication open with our retailers and the local community, we can make the best use of our real estate — keeping our centers leased by high-quality tenants that meet the community’s needs.… Read More
Earlier this year we blogged about 12 retail real estate trends to watch in 2012. We’ve gotten a number of responses to it, including this one from Eric Odem, Principle Broker for Net Lease Commercial Advisory in Tampa, Fla.:
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Mike, as the average age of our US malls continues to increase, when do you think we will start to see meaningful rework of the old style mall to become more sensitive to the shrinking large box and e-tailers?
In my last post, I gave an overview of how Kimco chooses properties to redevelop. Redevelopment is a fundamental way we ensure continued foot traffic and growth at Kimco’s properties, and increase the value of those properties for the communities in which they’re located and for our shareholders.… Read More