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What dry cleaners can expect when converting to wet cleaning
Scott Gerberon May 9, 2012
WET IS THE NEW DRY: Kimco dry cleaning tenant Plaza Cleaners converted from perc to wet cleaning
I recently wrote about Kimco’s initiative to help dry cleaners replace their perc systems with environmentally safe alternatives. Our goal is to help our tenants eliminate the environmental, financial, and regulatory risk regarding the use of perc, and improve the safety of the environments in which we operate.… Read More
Kimco Realty Market Profile: Orlando
Scott Onufreyon April 16, 2012
I’ve chosen to write about Orlando, Fla., for the next post in our Market Profile series. Kimco started investing in the Orlando-Kissimmee-Sanford MSA in 1968, and now owns over 2 million square feet of leasable space across 17 retail properties in the area, including our most recent Orlando acquisition, Grand Oaks Village.… Read More
Kimco’s fourth quarter and full-year 2011 earnings recap
Dave Bujnickion February 29, 2012
Hopefully you’ve read over Kimco’s fourth quarter and full-year 2011 earnings press release. Overall, our results were solid and showed improvement in several crucial areas, including FFO (Funds from Operations), operating metrics, and occupancy levels.
But if you haven’t had a chance to read our press release yet and are looking for some of the highlights, we thought we’d recap our financial results and core business operations for the quarter and year on our blog.… Read More
Many dry cleaners are at a turning point in their businesses, and Kimco is offering some new ways to help them round the corner. Dry cleaners are under increasing pressure to eliminate their use of perchloroethylene. Known as “perc” for short, the chemical has been used by nearly all dry cleaners since the 1930s.… Read More
Finding opportunity in the Pompano Beach Kmart closing
Paul Pumaon March 7, 2012
As Geoff Glazer explained in a previous post about Kimco’s property redevelopment process, we continually analyze our portfolio to identify new ways to add value to our centers and enrich the shopping experience for customers. Through our own analysis and by keeping the lines of communication open with our retailers and the local community, we can make the best use of our real estate — keeping our centers leased by high-quality tenants that meet the community’s needs.… Read More
Staten Island: An underrated retail investment
Josh Weinkranzon February 6, 2012
New Yorkers are known for their partiality to their borough. So I might ruffle some feathers with what I’m about to say. But I think you’ll understand my reasoning by the end of my post. Staten Island is the jewel of New York, and a great area to own retail real estate from Kimco’s perspective.… Read More
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
4 examples of how Kimco is revitalizing communities in the Northeast and Mid-Atlantic
Geoff Glazeron March 5, 2012
In my last post, I gave an overview of how Kimco chooses properties to redevelop. Redevelopment is a fundamental way we ensure continued foot traffic and growth at Kimco’s properties, and increase the value of those properties for the communities in which they’re located and for our shareholders.… Read More
Kimco properties and people in the news
Dave Bujnickion December 16, 2011
Several of our properties and people have caught the media’s attention lately, and we wanted to share the goings-on in case you missed them. Here’s a look at what’s been happening lately:
“Indoor Kart Racing Facility Could Ride Into Cinnaminson.” We’re working with Speed Raceway to possibly occupy a space in our shopping center on Route 130 in Cinnaminson, N.J.… Read More