Kimco Income REIT made four recent buys, including Wind Pointe Center located in Batavia, IL, in a deal that closed on Nov. 20. This shopping center consists of 272,416 sf of gross leasable area that is 100% leased to 15 tenants including Kohl's, Hobby Lobby, Pier 1 Imports, and others.

The fund is expected to close during Q1 on Seattle's Parkway Supercenter, a 467,701-sf retail asset anchored by Best Buy, Marshalls, Michaels Stores, Ross Dress for less and Old Navy.

Also expected to close this quarter is a 143,000-sf Amarillo, TX shopping center, the Shops and Soncy. The property is adjacent to an existing Kimco site and is leased to Bed, Bath & Beyond, Ross Dress for Less and others.

Kimco Retail Opportunity Fund purchased Plaza Rios in Dallas on Nov. 1. The 105,000-sf neighborhood shopping center is 95% leased and is anchored by a Tom Thumb grocery store.

KROP also acquired Maplewood Town Center in Maplewood, MN. The 96,000-sf, 96%-leased property is anchored by Best Buy.

A 475,000-sf, Home Depot-anchored center, Market Square at Montrose, located in Montrose, OH, is under contract the KROP fund and is expected to close during first quarter.

Another Q1 closing is planned for the West Ashley Shoppes, a 139,000-sf center located in Charleston, SC. KROP is negotiating leases for the site.

Kimco's Canadian joint venture with RioCan made two acquisitions: the 15,727-sf second phase of South Edmonton Common in Edmonton, Alberta; and the 63,000-sf Gateway Shopping Center in Grand Prarie, Alberta.

The JV has two developments under way in Ontario: a 105,000-sf grocery-anchored center in Brampton and a 116,000-sf Winners-anchored shopping center in Mississauga.

Kimco and RioCan are under contract to acquire a newly developed 228,000-sf retail asset in the greater Vancouver area.

Kimco's Preferred Equity Program provided capital to Cedar Income Fund to acquire Fairview Plaza. The 70,000-sf supermarket-anchored center is located in New Cumberland, PA.

The company bought a stake in Dallas' Skillman Abrams Shopping Center, a 133,995-sf property anchored by a 78,033-sf Tom Thumb Supermarket.

Commitments are in place to provide preferred equity capital for four additional shopping centers totaling 429,833 sf.

Finally, Kimco Developers Inc., the company's merchant building subsidiary, purchased an interest in Market Street at the Woodlands, a 454,000-sf Houston development project. KDI is also under contract to buy into two Arizona developments, Avondale Fiesta and Maricopa Fiesta.

On the disposition side, Kimco sold its interests in 20 properties for $193 million. Seven former Kmart properties were sold for nearly $41 million for a net gain of about $1 million. Another $12-million gain came from the sale of other strategic assets for roughly $75 million.

KDI sold 482,690 sf of its 1.2-million sf forum at Olympia Parkway, located in San Antonio for roughly $72 million to an investment group that has hired Kimco to manage the asset. A freestanding pad site at Form was sold for about $2 million. Additional retail pad sites at Kimco projects in Henderson, NV and Chandler, AZ were sold for just over $3 million.