The only consistent thing in retail real estate is change. Unlike other real estate sectors, the vibrant world of retail changes dramatically as new concepts pop up, existing concepts reinvent themselves, and outdated concepts fade away. And while change can sometimes be disruptive, we think it creates a great opportunity.… Read More
Local and national media outlets have continued to feature Kimco’s news and commentary on the retail and REIT markets. Here’s a roundup of some noteworthy Q1 coverage.
Retailers betting on healthy options for consumers
The pressure is always on when it comes to massage therapy. But in today’s era of the health-conscious consumer, the pressure points have changed for some massage providers. Many consumers once considered massages to be a luxury experience, and were willing to pay a premium for it.… Read More
A friend trying to rehab a stubborn running injury stopped going to physical therapy because commuting three times a week to the medical complex for several months was impossible between work and family obligations. Yet the demand for medical services is growing, driven by factors such as an aging population, rising obesity rates, more elective and cosmetic procedures, and greater participation in endurance sports, particularly among older athletes.… Read More
Despite the economic challenges that have continued to impact the retail real estate industry this year, we’ve also experienced positive developments that have strengthened our businesses, reduced some concerns, and given us optimism about continued growth in 2014. This upward momentum has impacted organizations throughout the industry — REITs, retailers, and institutional investors alike.… Read More
Shopping centers are getting healthier. That’s the focus of a USA Today video spotlighting Kimco’s Suburban Square in Ardmore, Pa. Mark Bachus, Suburban Square’s General Manager, spoke to USA Today about the center’s trend toward adding tenants that promote healthier lifestyles, which include sweetgreen restaurant, the Ardmore Farmers Market, Trader Joe’s, Fruitti Yummi frozen yogurt, lululemon, and City Sports.… Read More