Kimco Realty
Kimco Realty Corporation is a real estate investment trust that invests in shopping centers. As of March 31, 2020, the company owned interests in 401 shopping centers, comprising 70 million square feet of leasable space.[1]
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Public company | |
Traded as | NYSE: KIM S&P 500 Index component |
Industry | Real estate investment trust |
Founded | 1958 |
Founders | Milton Cooper Martin Kimmel |
Headquarters | Jericho, New York |
Key people | Milton Cooper, Chairman Conor C. Flynn, CEO Glenn G. Cohen, CFO |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Website | www |
Footnotes / references [1] |
History
Kimco Realty Corporation was founded in 1966 by a group of real estate investors, including Martin Kimmel and Milton Cooper, who merged their retail assets.
In 1991, the company became a public company via an initial public offering, raising $120 million.[2]
In 1998, the company acquired Price REIT for $535 million in stock.[3]
In October 2003, the company acquired Mid-Atlantic Realty Trust for $441 million.[4][5]
In 2007, the company acquired Birchwood Development Company (NY) for $92 million.[6]
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gollark: Also that.
References
- "Kimco Realty Corporation 2019 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
- Pomerantz, Dorothy (March 10, 2008). "Beyond The Big Box". Forbes.
- Kirkpatrick, David D. (January 14, 1998). "Kimco to Announce Pact to Acquire Price REIT for $535 Million in Stock". The Wall Street Journal.
- "Kimco Realty Corporation Completes Acquisition of Mid-Atlantic Realty Trust" (Press release). Business Wire. October 1, 2003.
- "Kimco to Buy Mid-Atlantic Realty Trust for $444 Million". The New York Times. Bloomberg news. June 19, 2003.
- "Kimco Realty Corporation announces third quarter transaction activity" (Press release). Business Wire. October 8, 2007.
External links
- Business data for Kimco Realty Corporation:
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