Kimco’s Mooresville Crossing in Mooresville, North Carolina

Kimco’s Mooresville Crossing in Mooresville, North Carolina

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

Kimco continued to benefit from the positive supply-and-demand characteristics of the current retail real estate market to post strong gains in both occupancy and rents during the first quarter, while also moving forward on its TSR+ strategy for long-term growth.

With new retail construction at historic lows and planned store openings at a five-year high, there is considerable upward pressure on rents for ever-scarcer quality space.… Read More