During my 25 years in property management, I’ve been through, and have personally dealt with, almost all types of natural disasters, weather, and man-made events that you can think of. The hurricanes and wildfires we experienced last year, however, make 2017 one that I will never forget!… Read More
In October of last year, Kimco announced the Illumi-Nation program, our biggest sustainability program to date and the latest rollout under our Best-in-Class umbrella. Through Illumi-Nation, we had committed $9 million in 2015 to upgrade the lighting in 100 of our Tier 1 properties by year end, and the program will carry us through 2019.… Read More
As a Long Island-based company, Kimco is among many organizations recovering in the wake of Hurricane Sandy. In addition, however, we’ve also been helping those affected get back on their feet, as one of Kimco’s company values is to be a steward in the communities it serves.… Read More
Only a week after Hurricane Harvey hit the Southeastern U.S., Hurricane Irma is making its way towards Puerto Rico and Florida. As residents start to evacuate, business owners and landlords need to ready their property for any possible storm damage.… Read More
It’s budget season again for most REITs, and Kimco’s Property Management team is hard at work doing their due diligence for the process. In this post, I’m going to share with you the approach that Kimco takes to budgeting, as well as some of the tools that we use to assist in making informed business decisions for our properties.… Read More
Many think of property managers as the people responsible for the physical upkeep of a property — keeping areas clean, fixing leaky roofs, changing light bulbs, and filling potholes in the parking lot. While this is certainly part of the job description, it doesn’t begin to describe all of the many services Kimco’s property management team offers.… Read More
Contracting maintenance for a shopping center has followed the same process for decades. Traditionally, most real estate companies contract for maintenance services on an as-needed basis. For recurring services—think landscaping—contracts generally last from one to four years. This service work is usually bid out and coordinated directly between the property manager and the vendor.… Read More

NATURAL ATTRACTION: The indigenous plants and flowers at Kimco’s Riverplace Shopping Center create an immediate visual impact to draw foot traffic
Most retail landlords maintain seasonal flowers and other plants at their properties to create an aesthetically pleasing shopping environment and draw traffic.… Read More