Kimco Realty Corporation, a prominent real estate investment trust (REIT), specializes in owning and operating high-quality, open-air shopping centers and mixed-use properties across the United States.
The company's strategic focus lies in the first-ring suburbs of major metropolitan markets, including high-demand coastal areas and rapidly growing Sun Belt cities. This targeted approach enables Kimco Realty to capitalize on the strong demand for retail space in these regions.
Kimco Realty's tenant mix is thoughtfully curated to feature essential, necessity-based goods and services that drive frequent customer visits. This approach ensures a steady stream of foot traffic and a resilient revenue model for the company's properties.
As a publicly traded company since 1991 and a member of the prestigious S&P 500 Index, Kimco Realty has honed its expertise in shopping center ownership, management, acquisitions, and value-enhancing redevelopment activities over the past 60 years.
The company's commitment to corporate responsibility is unwavering, earning it recognition as an industry leader in this area. With a strong track record of responsible business practices, Kimco Realty prioritizes the well-being of its stakeholders, including investors, tenants, and local communities.
As of June 30, 2024, Kimco Realty's portfolio boasts an impressive 567 shopping centers and mixed-use assets across the United States, totaling 101 million square feet of gross leasable space. For more information, please visit https://www.kimcorealty.com.