Kimco Realty Corporation history, company profile (overview) and corporate video
Kimco Realty Corporation is a real estate investment trust (REIT) headquartered in Jericho, New York, United States. It is specialized in shopping center ownership, management, acquisitions, and value-enhancing redevelopment activities.
HISTORY
Kimco Realty was founded in 1966 by a group of real estate investors who decided to group their shopping center assets to create a corporation that was focused originally on building its own shopping centers. Martin Kimmel and Milton Cooper were part of the corporation’s founders.
During the 1980s, Cooper changed the corporation’s strategy to focus on acquisitions.
In 1991, Kimco Realty became a public company and was listed on the New York Stock Exchange (NYSE).
With more than 450 employees, Kimco Realty Corporation is considered one of North America’s largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets. According to Forbes, it is considered one of the Largest Public Companies in the World.
*Information from Forbes.com, Wikipedia.org, and www.kimcorealty.com.
**Video published on YouTube by “KimcoRealty“
