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Mike Pappagallo
Hi all, I’m Mike Pappagallo, COO of Kimco. I stepped into this role in 2010 after 13 years as CFO. It’s been an exciting journey to be involved in the growth of the company over the years. Today, I’m responsible for directing the strategic and day-to-day activities of our shopping center business, as well as overseeing the company’s strategic financial activities. Prior to joining Kimco, I was the CFO of GE Capital’s Commercial Real Estate Financing business. I’ve also held various other financial and business development positions around the industry, including nine years at KPMG. I’m a graduate of Iona College, where I earned my accounting degree. I’m a CPA and a member of the American Institute of Certified Public Accountants. You can tell from my background and extracurriculars that I’m a typical public accounting and finance type! What else should you know about me? I’m an only child, the son of an immigrant and first-generation Italian, and most of my famiglia is still in Italy. My wife of 29 years, Donna, and I currently live in Connecticut. But I’ve lived in the New York metro area my whole life, so I’m a New Yorker at heart. We have three kids, two girls and a boy, who aren’t really kids anymore at 24, 20, and 18. My family and my in-laws are also all New Yorkers. To torture myself, I root for the Mets and the Miami Dolphins. Why am I a Miami fan when I’m a New Yorker? That’s for another day.
Webinar: How to strengthen your shopping center’s performance through small shop leasing
Mike Pappagalloon April 18, 2012
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
Driving holiday foot traffic is no small feat
Mike Pappagalloon December 22, 2011
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
What will drive changes to the traditional mall format?
Mike Pappagalloon March 20, 2012
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.:
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?
4 initiatives on retailers’ radar at ICSC 2011
Mike Pappagalloon December 16, 2011
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
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
Kimco’s IPO: 20 years later
Mike Pappagalloon November 9, 2011
Kimco founder Milton Cooper bet his company during the dark days for real estate in 1991. He brought it public, marking the first REIT IPO in a long time. Today, 20 years later, the Kimco community is celebrating that watershed moment for the company and the REIT industry.… Read More