WASHINGTON, DC—New Hyde Park, NY-based Kimco Realty Corp. announced its fourth quarter earnings this week, which included the data point that it sold 88 wholly owned and joint venture properties for $1.7 billion during the quarter for $908.3 million.
Sixty-four of these properties were located in the US.
To be more specific, many – at least 31 -- of these properties were in the DC area and larger Mid-Atlantic region. One transaction that Kimco didn't break out in its earnings was the portfolio sale of 31 assets in the Fredericksburg, VA area.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.