Neha Patil (Editor)

Kimco Realty

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Type
  
Public

Founder
  
Milton William Cooper

Founded
  
1958

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Traded as
  
NYSE: KIM S&P 500 Component

Industry
  
Real Estate Investment Trust

Key people
  
Milton Cooper, Chairman and Conor Flynn, CEO

Revenue
  
$1,167 Million USD (2015)

Stock price
  
KIM (NYSE) US$ 21.85 +0.21 (+0.97%)13 Mar, 4:01 PM GMT-4 - Disclaimer

Headquarters
  
New Hyde Park, New York, United States

CEO
  
Conor C. Flynn (1 Jan 2016–)

Subsidiaries
  
KIMCO KENT 637 INC, KIMCO NB CORP

Profiles

Company profile kimco realty corp nyse kim


Kimco Realty Corporation (NYSE: KIM) is a real estate investment trust (REIT) headquartered in New Hyde Park, New York., that is North America’s largest publicly traded owner and operator of open-air shopping centers. As of September 30, 2016, the company owned interests in 524 U.S shopping centers, comprising 85 million square feet of leasable space across 35 U.S. states and Puerto Rico.

Contents

Publicly traded on the New York Stock Exchange (NYSE) since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 50 years. . For further information, please visit www.kimcorealty.com, the company’s blog at http://blog.kimcorealty.com, or follow Kimco on Twitter at www.twitter.com/kimcorealty.

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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.

Management

Milton Cooper is the company's Executive Chairman, Conor Flynn is the company's President,and Chief Executive Officer.

Acquisitions

1999
  • Manhasset Center (New York, NY)
  • Concourse Plaza Shopping Center (New York, NY)
  • 2002
  • Marysville Towne Center (Marysville, WA)
  • 2004
  • Burke Town Plaza (Burke, VA)
  • Enchanted Forest Shopping Center a retail establishment built on a historic children's theme park site in Ellicott City, Maryland.
  • 2006
  • Cupertino Village (Cupertino, CA)
  • 2013
  • Village Commons S.C. (Tallahassee, FL), January 2013
  • Columbia Crossing, II (Columbia, MD), January 2013
  • Roseville Plaza (Roseville, MN), January 2013
  • Wilton Campus (Wilton, CT), March 2013
  • 2014
  • Crossroads Plaza (Cary, NC), February 2014
  • Quail Corners (Charlotte, NC), March 2014
  • Boston Portfolio (24 Properties), April 2014
  • 2015
  • Cooperfield Village (Houston, TX), February 2015
  • Milleridge Inn (Jericho, NY), April 2015
  • Christown Spectrum Mall (Phoenix, AZ), November 2015
  • 2016
  • Oakwood Plaza (Hollywood,FL), April 2016
  • Jericho Atrium (Jericho, NY), April 2016
  • References

    Kimco Realty Wikipedia