Kimco Realty Corporation Overview
Pro stress-test →Kimco Realty is a leading real estate investment trust (REIT) that owns and operates a diversified portfolio of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties across the United States. As of September 2025, Kimco owned interests in 564 shopping centers comprising 100 million square feet of gross leasable space, making it one of the oldest and largest retail REITs in the nation.
Strategic Profile
Pro stress-test →Kimco has undergone significant portfolio transformation, having sold over 400 properties for more than $6 billion since 2010 to improve asset quality. The company derives more than 80% of annual base rent from major metropolitan markets and maintains a strategic focus on high-quality properties with significant organic growth potential through rent spreads and development opportunities.
Competitive Landscape
Pro stress-test →Kimco operates in a consolidated retail REIT sector. Primary competitors include Federal Realty Investment Trust (FRT), Simon Property Group (SPG), and Realty Income (O). Kimco differentiates through its focus on quality grocery-anchored centers with strong metropolitan exposure and strategic portfolio management, positioning it favorably against peers in the defensive retail real estate category.
Industry Context
Kimco Realty Corporation operates in Real Estate Investment Trust (REIT) - Retail Shopping Centers.
Key facts
Headquarters: Jericho, US · Employees: 717 · Revenue: $2.04B · Market cap: $4.9B