Profile: Kimco Realty Corp (KIM)
25 Nov 2015
Kimco Realty Corporation (Kimco), incorporated on March 25, 1994, is a self-administered real estate investment trust (REIT), which owns and operates neighborhood and community shopping centers. As of December 31, 2014, the Company had interests in 754 shopping center properties, aggregating 109.5 million square feet of gross leasable area (GLA), and 533 other property interests, primarily through the Company’s preferred equity investments and other real estate investments, totaling approximately 11.7 million square feet of GLA, for a total of 1,287 properties aggregating 121.2 million square feet of GLA, located in 41 states in the United States and also in Puerto Rico, Canada, Mexico and Chile. The Company’s ownership interests in real estate consist of its consolidated portfolio where the Company owns an economic interest, such as properties in the Company’s investment real estate management programs, where the Company partners with institutional investors and also retains management.
The Company’s investment strategy is to be the owner and operator of neighborhood and community shopping centers through investments primarily in the United States. The Company also has an institutional management business with domestic and foreign institutional partners for the purpose of investing in neighborhood and community shopping centers.
The Company's neighborhood and community shopping center properties are designed to attract local area customers and are anchored by a supermarket, a discount department store, a home improvement center or a drugstore tenant offering day-to-day necessities. As of December 31, 2014, the Company’s tenants included TJX Companies, The Home Depot, Wal-Mart, Kohl’s and Bed Bath.
Kimco Realty Corp
3333 New Hyde Park Rd
PO Box 5020
NEW HYDE PARK NY 11042