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Kimco Touts Leasing, Occupancy Gains Helped by Retail Shift Toward Fulfillment

Shopping Center Landlord Sees Grocers, Other Brick-and-Mortar Tenants Evolving
In the fourth quarter, Kimco Realty acquired the remaining 85% interest in two California grocery-anchored retail properties, including Brookvale Shopping Center in Fremont. (CoStar)
In the fourth quarter, Kimco Realty acquired the remaining 85% interest in two California grocery-anchored retail properties, including Brookvale Shopping Center in Fremont. (CoStar)
CoStar News
February 10, 2022 | 9:55 P.M.

Kimco Realty reported occupancy and leasing increases in its portfolio due to what the landlord described as “last-mile retail” driving demand at its grocery-anchored, open-air shopping centers.

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