Kimco Realty Corporation is a real estate investment trust that invests in shopping centers. As of September 30, 2020, the company owned interests in 400 U.S. shopping centers and mixed-use assets comprising 70 million square feet of gross leasable space primarily concentrated in the top major metropolitan markets.
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.