“Location, location, location” is the classic rule for real estate business success. And for small business owners, it’s often the #1 factor that influences your ability to catapult your business to its full potential.
It might sound easy enough. But choosing the right location for your business is one of the most challenging and confusing decisions for entrepreneurs to make.… Read More
If you’re a landlord or property manager, you know that leasing your small shop space has become increasingly challenging. Retail follows jobs and housing, and the recovery on both of these fronts has been slow.
Small business lending has showed lackluster growth, and competition from big box and online retailers continues to threaten small shops.… Read More
Kimco has several new strategic initiatives and projects underway that have been catching the attention of the business community this quarter. I’d like to share a few of the highlights featured by the media.
“Mad Money” interviews Kimco CEO Dave Henry
Kimco CEO Dave Henry discussed the company’s strong performance numbers with Jim Cramer, host of CNBC’s “Mad Money,” in February.… Read More
Latin America — and Mexico in particular — have been on Kimco’s radar for many years as opportunistic retail markets. We believe Mexico is an attractive investment choice due to its rapidly growing consumer base, its undersupply of shopping centers, and the aggressive expansion of many global retailers into the market.… Read More
The startup years are the most exciting time for many first-time entrepreneurs and new business owners. But it’s also the most critical period of survival of any new venture, with challenges both known and unforeseen.
I’ve chosen to write about Orlando, Fla., for the next post in our Market Profile series. Kimco started investing in the Orlando-Kissimmee-Sanford MSA in 1968, and now owns over 2 million square feet of leasable space across 17 retail properties in the area, including our most recent Orlando acquisition, Grand Oaks Village.… Read More
Hopefully you have been following our new blog and might have read some of my recent posts about Kimco’s sustainability initiatives, including our rooftop solar panel installations and high-intensity fluorescent lighting retrofits. In these instances, we made strategic investments in improved technology that will reduce and offset the cost and environmental impact of energy consumption at individual properties.… Read More
Many dry cleaners are at a turning point in their businesses, and Kimco is offering some new ways to help them round the corner. Dry cleaners are under increasing pressure to eliminate their use of perchloroethylene. Known as “perc” for short, the chemical has been used by nearly all dry cleaners since the 1930s.… Read More
Recently, a retailer had a tall order for us. Within just a few years, it wanted to double its footprint from 250 to 500 stores in shopping centers across the United States. In addition, the retailer needed 7,000- to 10,000-square-foot spaces, a size somewhere between anchor and mom-and-pop that’s less common in current shopping center build-outs.… Read More