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Kimco Realty 

“Market Cap $9 B As of May 2013

At a Glance

  • Industry: Real Estate
  • Founded: 1966
  • Country: United States
  • CEO: David Henry
  • Website: www.kimcorealty.com
  • Employees: 635
  • Sales: $930 M
  • Headquarters: New Hyde Park, New York

Forbes Lists

#1831 Global 2000

  • #1855 in Profit
  • #1724 in Assets
  • #1077 in Market value
Profile

Kimco Realty Corp., incorporated on March 25, 1994, is a real estate investment trust (REIT) that owns and operates North America’s largest portfolio of neighborhood and community shopping centers. As of December 31, 2012, the Company owned interests in 896 shopping centers comprising 131 million square feet of leasable space across 44 states, Puerto Rico, Canada, Mexico and South America. The Company is specialized in shopping center acquisitions, development and management. In December 2012, the Company acquired City Heights Retail Village in San Diego. In January 2013, it acquired Santee Trolley Square in suburban San Diego. In March 2013, Kimco Realty Corp announced that it has completed the acquisition of the 283,000-square-foot Wilton River Park in Wilton, Conn.”

“Kimco Realty History

Kimco Realty Corporation was founded in 1966 by a group of real estate investors who decided to group their shopping center assets to create a resourceful corporation. Martin Kimmel and Milton Cooper were part of the corporation’s founders. Originally, Kimco Realty Corporation was focused on building its own shopping centers. During the 1980s, Cooper changed the corporation’s strategy to focus on acquisitions. In 1991, Kimco became a public company in the first REIT public offering, valued at $120 million.”

*Information from Forbes.com and Wikipedia.org

**Video published on YouTube by “KimcoRealty

Industry:

Real Estate