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Kimco Reports Strong Leasing As Stores Become Fulfillment Centers for Online Orders

Shopping Center Landlord Outlines Importance of Stores Beyond Selling to Consumers
Kimco Realty’s portfolio includes the Torrance Promenade in California. (CoStar)
Kimco Realty’s portfolio includes the Torrance Promenade in California. (CoStar)
CoStar News
April 28, 2022 | 8:50 P.M.

Kimco Realty’s robust leasing demand is being driven by so-called omnichannel retailers who use their stores as last-mile fulfillment and distribution hubs for online orders, according to the company’s CEO.

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