Summary
Kimco is a last-mile real estate investment trust specializing in the acquisition, development, and management of open-air shopping centers. The company’s portfolio at the end of 2025 consisted of 565 U.S. shopping centers and mixed-use assets with about 100 million feet of gross leasable space. The company recognizes the value of multi-use retail destinations that include smaller tenants, and has maintained relationships with fast-food and coffee retailers. Shopping centers are focused on the last-mile suburbs of major metro coastal markets, as well as Sunbelt locations.
Revenues topped $2.14 billion in 2025. At the start of 2026, the company’s portfolio based on ABR was about 53% from anchor stores, of which about 30% of anchors were grocery and beverage stores. In addition to grocery anchors, other anchors include Costco and Ho
