Kimco

Kimco’s Office of Innovation & Transformation (OIT) team recently came together in person for a full day dedicated to thinking differently, sharing perspectives, workshopping ideas and exploring new solutions to keep Kimco moving forward.

Stepping away from the day-to-day created valuable space to ask new questions, challenge assumptions and build on one another’s thinking. Innovation isn’t always just about the next big idea. It’s about uncovering insights and improving on what we already do well.

Kimco is proud to partner with Sprouts as the grocer expands its footprint across the northeast!

Sprouts recently opened its doors at Kimco’s East Windsor Village in New Jersey, bringing its fresh, natural and organic-focused assortment to the center. For Kimco, the opening reflects the continued strength of grocery as a traffic-driving anchor and the value of aligning our portfolio with retailers that are actively investing in growth.

A couple of highlights from our ICSC Western camera roll 🌴📸

Our team had a productive visit, connecting with retailers, brokers and industry partners from across the region!

For retailers, restaurants and concepts looking for a presence in a distinctive destination, now is the time to be part of what’s next at Eight Thousand Sunset. ☀️

Anchored by Trader Joe’s, CB2, CVS and Landmark Theatres, the Sunset Blvd. property in Los Angeles brings together grocery, home, everyday needs and entertainment in one convenient location.

A curated reinvestment is building on that foundation, creating new opportunities for the property while enhancing the experience for tenants and visitors.

Plus, EOS Fitness is set to open in 2027, adding another high-frequency use to the mix.

Explore leasing opportunities at Eight Thousand Sunset: https://brnw.ch/21x61xg

CONTACT
Todd Buckstein
949-252-3852
[email protected]

Mitchell Hernandez
310-430-7790 x102
[email protected]

There’s more than one way to build a career at Kimco.

Across our portfolio and offices nationwide, it takes expertise from different teams to create essential community destinations. From property management and leasing to construction, finance, accounting and beyond, Kimco offers opportunities to grow your career.

Whether your strengths are out in the field, at the leasing table or behind the numbers, your next opportunity could be waiting for you at Kimco.

Explore open positions: https://brnw.ch/21x5Y9y

📅🎃 Every year, seasonal concepts like Spirit Halloween offer a timely example of an important part of Kimco’s leasing platform: the ability to match the right space with the right use at the right moment.

Through short-term and seasonal leasing and specialty spaces, our team looks beyond traditional storefronts to find creative ways to activate available real estate, respond to seasonal demand and bring something new to the shopping experience.

It’s another layer of thoughtful merchandising that keep our centers active, relevant and responsive to retail's continued evolution.

Kimco’s portfolio is nearly evenly balanced between anchors, representing 52% of ABR, and small shops, representing 48%. Within that small-shop mix, restaurants lead at 33% of ABR, complemented by beauty and personal services, professional and financial services, medical and fitness, and other everyday uses.

That balance is intentional. By pairing traffic-driving anchors with a diverse mix of dining, services and specialty retail, we create more opportunities for cross-shopping and repeat visits. A quick errand turns into multiple stops and individual storefronts become a retail ecosystem.

Some of the strongest relationships are built outside the conference room. ⚾🌭

Kimco associates recently headed to Oracle Park for ICSC Local San Francisco, bringing together an evening of baseball, networking and plenty of fun with our Bay Area retail real estate community.

Kimco was proud to sponsor the event and support opportunities that bring our industry together, strengthen relationships and make a little room for fun along the way.

When a big box goes dark, Kimco sees what could come next.

When Bed Bath & Beyond closed its remaining stores in 2023, Kimco’s leasing team went to work turning those vacancies into opportunities to introduce new retailers, reconfigure spaces and strengthen our centers for the long term.

Today, former Bed Bath & Beyond spaces across the Kimco portfolio are home to brands including Burlington, HomeGoods, Boot Barn and Dick’s Sporting Goods, among others. In several cases, we divided the former boxes to accommodate multiple tenants; in others, retailers expanded into adjacent space to create an even larger footprint.

The opportunity extended beyond simply filling the space. New leases were typically executed at higher rents than the former Bed Bath & Beyond leases, creating additional value across the portfolio. Plus, with high-quality retail space in relatively limited supply, strong demand also helped create the conditions to move quickly, while Kimco’s deep retailer relationships and experienced leasing platform positioned our team to capitalize.

It’s a playbook Kimco has refined through multiple retail cycles: move quickly, stay flexible and find the right use for the real estate. The result is the ability to turn disruption into an opportunity to upgrade the tenant mix, capture stronger rents and unlock new growth.

Kimco’s 5th Annual Co****le Tournament brought the return of friendly competition to our Jericho headquarters, with 32 teams of two battling it out in a single-elimination bracket.

There were clutch tosses and tough losses, but our team proved once again that Kimco associates are good sports even when serious bragging rights are on the line.

Time may be one of today’s most valuable commodities, and consumers are increasingly seeking out services that give some of it back.

That shift is reflected in Kimco’s leasing activity. 72% of our new leases over the trailing 12 months were service-based, with restaurants, beauty and personal services, professional services, medical and fitness all playing an important role in our merchandising mix.

For Kimco, it’s about meeting consumers where their needs are headed. By bringing more of the services people rely on into the same convenient destinations where they already shop and dine, we can reduce friction in everyday routines while creating more reasons to visit our centers.

It was a successful day at InterFace Phoenix Retail, where Chris Byrd, Rachel Eckblad and Alexcis Ward enjoyed conversations, made connections, and shared insights from across the market.

Events like this are a valuable opportunity for our local teams to stay close to the people and perspectives shaping the region as we continue to create the right opportunities for our properties, tenants and communities.

Today, we honor bravery and resilience.

Kimco’s grocery-anchored strategy continues to deliver.

A record 87% of our ABR is now grocery-anchored, with average reported grocer sales of approximately $815 per square foot.

These centers attract 3x more annual customers than unanchored centers, supporting 15–25% higher rents for adjacent in-line space. Traffic across our portfolio grew approximately 3% year over year in Q2, outpacing the broader shopping center average in most months.

Necessity-based retail remains a powerful engine for durable traffic and long-term performance.

This 988 Day, Kimco is proud to participate in Signs of HOPE, a collaborative effort among shopping center owners across the country to raise awareness of the 988 Su***de & Crisis Lifeline.

Through the initiative, 988 messaging is being displayed at nearly 1,700 shopping centers nationwide to connect communities with an important resource.

For Kimco, being part of a community means looking for meaningful ways to support the people who live, work and gather there. We’re proud to stand alongside our industry peers to help make this message more visible.

Strong communities are built on strong partnerships.

Kimco was proud to welcome Daly City, CA Mayor Glenn R. Sylvester, Vice Mayor Teresa Proaño and members of the Daly City Chamber of Commerce to Westlake Shopping Center for a recent Mayoral Walk.

Together with Kimco team members, city leaders visited local businesses Peninsula Books, 1985 Gallery and Blo Dry Bar to hear directly from merchants and engage in meaningful conversations about their businesses and the community.

We value opportunities like these to strengthen our partnership with Daly City and help foster connections between local leaders and the businesses that make Westlake Shopping Center a vibrant community destination.

Kimco’s Esther Chung joined the “Marketing at the Leasing Table” panel during ICSC Florida to share insights on how closer collaboration between marketing and leasing can help teams tell a stronger story, showcase opportunities more effectively, and ultimately help get deals done faster.

At Kimco, that partnership is an important part of how we approach leasing. Bringing marketing into the conversation early can provide the insights, tools and storytelling that help leasing teams connect the right tenants with the right opportunities.

Kimco's experts continually identify opportunities to invest in our existing portfolio to unlock continued long-term growth.

Redevelopment projects completed in Q2 had a combined cost of $40 million, blended yield of 13.3%, and total value creation of $39.1 million.

👉 Swipe for a handful of recently completed projects that demonstrate our disciplined approach.

In the physical retail landscape, it's more important then ever to continually evolve to meet the needs of today’s communities and retailers.

Across our portfolio, Kimco has 24 grocery-focused redevelopment projects representing $246 million in gross costs and expected yields of 9%–11%.

With a record 87% of ABR coming from grocery-anchored centers, we’re strategically investing in the properties at the heart of our portfolio to drive long-term value and strengthen the communities we serve.

With the first half of 2026 in the rearview, retailer demand remains strong and broad, with no one category leading the pack.

2026 store openings are expected to increase 1.3% YoY, with restaurants, off-price, hardlines, discounters and beauty leading the way.

At Kimco, 72% of new leases over the trailing 12 months were service-based, while expanding retailers continue to seek high-quality locations across our portfolio. From 2025–2026, Kimco signed 78 package leases across 18 retailers.

Kimco was proud to welcome the annual First Coast News Stuff the Bus event to Markets at Town Center in Jacksonville, FL, bringing the community together to support students and teachers across Duval and Clay counties.

From early-morning drop-offs through the end of the day, neighbors showed up with essential classroom supplies while shopping and dining at the center. The response was tremendous: nearly 11,000 school supplies were collected, valued at approximately $30,000. Donations filled an entire school bus to the point that organizers nearly needed a second one!

We're proud to see our properties serve as gathering places where communities can come together and make a meaningful difference. 🚌📚

📢 Don’t miss two key sessions at ICSC Florida:

✍️ Esther Chung will be discussing how marketing can help accelerate leasing deals.

🤝 Christina Russin will explore how retailers and property owners can create successful partnerships at every step of the specialty leasing journey.

Add these sessions to your ICSC Florida agenda, and meet with the Kimco team at Booth 2133.