Kimco Realty (NYSE: KIM) — Company Overview, News & Financial Data
Kimco Realty is a REIT that owns and manages open-air shopping centers across the U.S., focusing on sustainable income and property value.
Kimco Realty
Kimco Realty is a real estate investment trust focused on the ownership, operation, management, acquisition, and redevelopment of open-air, grocery-anchored shopping centers and mixed-use assets. Headquartered in Jericho, New York, the company's portfolio primarily consists of properties situated in first-ring suburbs within major metropolitan statistical areas across the United States. Its assets serve everyday shopping and lifestyle needs, incorporating grocery stores, pharmacies, restaurants, medical offices, and service-oriented commercial space. Kimco Realty also engages in strategic property acquisitions, asset dispositions, value-enhancing redevelopments, and selective residential or multi-family developments within its commercial property locations.
Snapshot
Operations
Products and/or services of Kimco Realty
- Open-Air Shopping Centers: Commercial real estate properties positioned primarily in first-ring suburbs of major metropolitan statistical areas across the United States, hosting grocery stores, pharmacies, restaurants, essential services, and national and regional retail tenants.
- Lifestyle Collection Properties: Specialized retail destinations combining soft lines, entertainment options, specialized grocery stores, and heightened food and beverage offerings designed to drive consumer foot traffic and enhance retail tenant sales in suburban markets.
- Mixed-Use and Multifamily Developments: Commercial property developments and redevelopments incorporating residential apartment units above or adjacent to ground-floor retail spaces, integrating living environments with open-air retail and neighborhood services.
- Property Leasing Services: Short-term and long-term commercial real estate leasing solutions for traditional retail stores, specialty pop-up shops, pad sites, and second-generation spaces across open-air shopping destinations in primary regional markets.
- Redevelopment and Asset Management: Strategic acquisition, disposition, and capital redevelopment programs designed to upgrade retail center layouts, densify existing acreage, expand square footage, and optimize tenant site configurations across suburban property holdings.
- Preferred Equity and Capital Financing: Real estate capital funding solutions offering structured preferred equity and mezzanine financing to third-party owners, developers, and joint venture partners active in open-air retail commercial real estate markets.
Kimco Realty executive team
- Mr. Richard Brett SaltzmanIndependent Chairman of the Board
- Mr. Conor C. FlynnCEO & Board of Director
- Mr. Ross CooperPresident, Chief Investment Officer & Board of Director
- Mr. Milton CooperCo-Founder & Chairman Emeritus
- Mr. Glenn Gary Cohen CPAExecutive VP & CFO
- Mr. David JamiesonExecutive VP & COO
- Mr. Joshua WeinkranzPresident of Eastern Region
- Ms. Carmen DeckerPresident of Western Region
- Mr. Will TeichmanExecutive VP, Chief Innovation & Transformation Officer
- Mr. Paul WestbrookVP & Chief Accounting Officer