KIMCO REALTY CORPORATION
Sector: Indices SP 500
Latest Quote @ Sat May 5 09:45:37 (15 min delayed)
Last Day's Data
Kimco Realty Corporation, a real estate investment trust (REIT), engages in the ownership and operation of neighborhood and community shopping centers in North America. Its centers generally include department stores, supermarkets, and drugstores. As of February 4, 2005, the company's portfolio comprised 773 property interests, including 696 operating properties primarily consisting of neighborhood and community shopping centers, 32 retail store leases, 35 ground-up development projects, and 10 undeveloped parcels of land, totaling approximately 113.4 million square feet of leasable space located in 42 states, Canada, and Mexico. Kimco also provides property management services relating to the management, leasing, operation, supervision, and maintenance of real estate properties. As a REIT, the company would not be subject to federal tax to the extent that it distributes at least 90% of its taxable income to its shareholders. Kimco was founded in 1960 and is based in New Hyde Park, New York.