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.

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.
In 1998, the company acquired Price REIT for $535 million in stock.
In October 2003, the company acquired Mid-Atlantic Realty Trust for $441 million.
In 2007, the company acquired Birchwood Development Company for $92 million.