A few weeks ago we shared on our blog some of Kimco’s key financial results from the fourth quarter. Most notably, our occupancy rates, rental rates, and same-property NOI grew significantly for the quarter and the year. We also reiterated the importance of continuing to follow our growth strategy that we first discussed during Investor Day 2013.… Read More

The next MSA I want to highlight in our Market Profile series is Charlotte, N.C. We started investing in the Charlotte-Gastonia-Rock Hill MSA in 1968 and have acquired 854,391 square feet of leasable space across seven properties. Charlotte is showing strong economic activity and solid growth projections, which is why it’s one of the 31 MSAs in which Kimco invests.… Read More

Big Lots. Dollar Tree. Express. J. Crew. Marshalls. These are just a handful of the U.S. retailers that have crossed the border into Canada in the past year or so. Many others aren’t far behind — including industry leader Target and, according to some reports, Nordstrom and Kohl’s.… Read More

NATIONAL ANCHORS: Safeway is one the anchors at Marketplace at Factoria, in addition to Walmart, Target, Nordstrom Rack, and several other national and regional retailers

NATIONAL ANCHORS: Safeway is one of the anchors at Marketplace at Factoria, in addition to Walmart, Target, Nordstrom Rack, and several other retailers

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

Many of the U.S.’s biggest retailers have expanded into Mexico over the past decade, and many of them have been in Mexico longer. Home Depot, Lowes, Bed Bath & Beyond, Best Buy, Sally Beauty Supply, GNC, and Saks Fifth Avenue make up a short list of these merchants.… Read More

Many investors are squarely focused on the “Big Six” markets — the New York metro area; the Washington, D.C.-Baltimore corridor; Boston; San Francisco; Chicago; and Los Angeles. But we also see a great deal of opportunity and value in many other strong markets around the country, in addition to the Big Six.… 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

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

Welcome to our first acquisitions strategy discussion. Over the course of this blog series, we will give insight into a number of factors that influence an investor’s thinking when evaluating a shopping center acquisition. In addition, we are going to look at the 31 major metro areas Kimco invests in, and give a snapshot of the economic and social factors of each.… Read More