In a report on Asian American consumers released late last year, Nielsen projected that the buying power of this sophisticated, savvy portion of the population will reach a staggering $1 trillion by 2017. Stoking an upward trend, the Asian American community currently numbers nearly 19 million and is the nation’s fastest growing multicultural segment.… Read More

The biggest retail news story right now is, naturally, the 2012 holiday shopping season results. In November and December, national retail sales and foot traffic each increased 2.5 percent compared to the same two months last year, according to ShopperTrak.

Kimco has been discussing this story, as well as many others over the past quarter, in national and local media outlets.… Read More

After joining some industry peers for a recent Bisnow Retail Real Estate Summit panel discussion in San Francisco, it appears the REIT industry has consensus on several important business challenges and opportunities in the Bay Area.

My fellow panelists were Jeff Berkes, President, West Coast for Federal Realty Investment Trust, and Eric Hohmann, Managing Director, Property Investments for Madison Marquette.… Read More