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This work is licensed under a Creative Commons Attribution-NoDerivs 3.0 Unported License.… Read More
We’ve recently completed another round of updates to Kimco’s PropertyFind tool on our website. The tool is one of the best ways to find information on all our properties, including location, GLA, tenants, demographics, vacancies, site plans, aerial views, and other data that brokers and prospective tenants need.… Read More
Many real estate professionals associate ancillary income with only malls and lifestyle centers, believing that kiosks and temporary tenants can only thrive in those environments.
However, the strip shopping center environment is also ripe with ancillary income opportunities — including many that are permanent and generate a long-term impact on NOI.… Read More
Kimco reported its third-quarter earnings last week and the numbers tell a compelling story. Not only did we continue to deliver strong financial and operating results, but we moved closer to becoming a pure-play North American retail real estate investment company with a portfolio built for long-term stability and growth.… Read More
Economic recovery has moved forward in a range of areas across the U.S. But one MSA that has continued to cement its foothold faster than others is Seattle-Tacoma-Bellevue.… Read More
On Memorial Day, I visited the Boston Marathon memorial in Copley Square. Sorrow was the overwhelming feeling after seeing the makeshift memorial with the many banners, toys, and seemingly thousands of pairs of sneakers. It was hard not to relive the nightmare-like story that occurred on that afternoon and how all of the innocent families were impacted.… Read More
Our insights on Kimco’s business progress and perspectives regarding retail real estate attracted news media nationwide throughout the third quarter. Notably, CRE Radio called upon CEO Dave Henry to help educate the industry about ongoing developments with the Marketplace Fairness Act, and National Real Estate Investor tapped Executive Vice President and COO Conor Flynn to share his viewpoints on up-and-coming retail concepts.… Read More
Kimco’s second quarter saw a lot of positive momentum that caught the media’s attention. Two honors in particular still have us smiling — Real Estate Forum magazine named CEO David Henry a “Real Estate Icon” in its May issue, and our website brought home a gold NAREIT Investor CARE Award in June.… Read More
Just like the field that charged out of the gate at the recent Kentucky Derby, Kimco has come out strong in 2013, with first-quarter operating results that exceeded expectations.
Our reported funds from operations (FFO) rose 6.5 percent over the prior year, and our same-site net operating income (NOI) climbed 4 percent — not only our twelfth consecutive quarter of growing NOI, but our highest quarterly increase in five years.… Read More