Kimco Realty
Kimco Realty is an S&P 500 REIT that owns and operates 565 open-air, grocery-anchored shopping centers and mixed-use properties across 29 U.S. states, leasing space to necessity-based retailers and generating recurring rental income.
- Company typePublic
- Founded1957
- HeadquartersNew Hyde Park, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
Kimco Realty firmographics
Firmographics- Name
- Kimco Realty
- Legal name
- Kimco Realty Corporation
- Website
- https://kimcorealty.com
- Company type
- Public
- Founded year
- 1957
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Kimco Realty is an S&P 500 REIT that owns and operates 565 open-air, grocery-anchored shopping centers and mixed-use properties across 29 U.S. states, leasing space to necessity-based retailers and generating recurring rental income.
- Ownership category
- akta.pro rank
Kimco Realty industry classification
Industry- Product category
- Retail REIT / Grocery-Anchored Shopping Center Real Estate
- NAICS
- Rental and Leasing Services (532)
- SIC
- Real Estate Dealers (For Their Own Account) (6532), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)
- akta.pro secondary industry
- Retail Brokerage (BPAJABAB)
Keywords
Where Kimco Realty is headquartered
LocationHeadquarters
- HQ city
- New Hyde Park
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Kimco Realty business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D, Supply Chain
Revenue model
- Rental Property Revenues: Primary revenue stream from minimum base rents, expense reimbursements, percentage rents, lease termination fees, and ancillary income from tenants occupying the company's shopping center portfolio.
- Management and Other Fee Income: Fees earned from managing shopping centers for joint venture partners and third parties, including acquisition fees, leasing commissions, property management fees, asset management fees, and construction management fees.
- Mortgage and Other Financing Income: Interest income from mortgage loans and financing receivables provided to property owners and developers, with rates ranging from 6.35% to 12.50% as of Q1 2026.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Kimco Realty product offering
Product offeringCore offering
Kimco Realty owns, operates, and leases 565 open-air, grocery-anchored shopping centers and mixed-use properties comprising approximately 100 million square feet of gross leasable space across 29 U.S. states. The company generates revenue primarily through minimum base rents, expense reimbursements, and percentage rents from necessity-based retail tenants, complemented by management fees from joint ventures and interest income from mortgage and mezzanine financing.
Product overview
Kimco Realty operates as a single unified REIT offering centered on owning and operating high-quality, open-air, grocery-anchored shopping centers and mixed-use properties across the United States. The company's core product is its portfolio of 565 shopping centers comprising approximately 100 million square feet of gross leasable space. Supporting the core real estate portfolio, Kimco offers value-added services including redevelopment and development services, acquisition and disposition capabilities, preferred equity and mezzanine financing programs, and a curated Lifestyle Collection of premium properties. The company also provides tenant programs through Kimco Advantage, tailored retail spaces for specific uses, and multifamily residential offerings integrated into mixed-use properties. Technology platforms like Array support property operations, while registered trademarks including First in Last Mile Retail, Signature Series, and Kimco Realty Curbside Pick-Up establish the company's brand identity in the grocery-anchored retail REIT sector.
Differentiator
Problem solved
Functional benefit
Brands
- First in Last Mile Retail: Registered trademark and brand positioning tagline
- Just Around The Corner
- Lifestyle Collection
- Kimco Advantage
Products and services
- Kimco Realty Shopping Centers (Core Portfolio) High-quality, open-air, grocery-anchored shopping centers and mixed-use properties comprising 565 properties and approximately 100 million square feet of gross leasable space, located in first-ring suburbs of top U.S. metropolitan markets across 29 states. Leased to national, regional, and local retail tenants under multi-year commercial leases.
- Lifestyle Collection A curated portfolio of premium mixed-use assets blending entertainment, specialized grocery, and heightened food and beverage offerings alongside everyday needs, designed to drive increased traffic and tenant sales. Examples include Scottsdale Waterfront, Mary Brickell Village, Dania Pointe, Lincoln Square, and The Driscoll at River Oaks.
- Multifamily Portfolio Mixed-use residential properties integrated with shopping center locations, building communities that thrive alongside retail operations as part of the company's mixed-use development strategy.
- Redevelopment Services Value-enhancing redevelopment activities for shopping center properties, including mixed-use development opportunities and density increase initiatives to drive rental income growth.
- Acquisition & Disposition Services Strategic acquisition and disposition of shopping center properties for ongoing portfolio optimization, including high-profile transactions such as the approximately $2 billion RPT Realty acquisition in 2024.
- Preferred Equity & Mezzanine Financing Capital solutions providing preferred equity and mezzanine financing to property developers and owners, generating mortgage and other financing income for the company.
- Tailored Spaces Pre-configured second-generation retail spaces (former-use spaces) for specific tenants such as dental, hair salon, medical, nail salon, restaurant, pad sites, and office uses, simplifying the leasing process for small and specialty tenants.
- Kimco Advantage Tenant Program Tenant benefits program providing leasing advantages at Kimco properties, including curbside pickup support, discount programs, and dedicated property team access, positioning Kimco as a value-add landlord partner.
- Property Management Services (for JV and Third-Party Owners) Management services for shopping centers owned by joint venture partners and third parties, including acquisition fees, leasing commissions, property management fees, asset management fees, and construction management fees.
Quantifiable outcome
- 96.3%-96.4% portfolio occupancy rate (all-time high)
- +3 more outcomes
Companies that use Kimco Realty
Customer profileNamed customers5 records
Segments2 records
Ideal customer profiles3 records
Kimco Realty technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Kimco Realty partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- AvalonBay CommunitiesminorConor C. Flynn, CEO of Kimco Realty, was appointed to the Board of Directors of AvalonBay Communities, Inc. This represents a cross-board relationship between two major REIT companies.
Scale indicators10 records
Recent moves5 records
Expansion highlights6 records
Kimco Realty competitors and assessment
Company assessmentDirect peers
- Federal Realty Investment Trust: S&P 500 open-air shopping center REIT focused on high-quality, grocery-anchored and mixed-use properties in affluent coastal markets. Most direct competitor to Kimco in tenant quality, demographic focus, and mixed-use strategy.
- Regency Centers: National grocery-anchored shopping center REIT owning approximately 480 properties. Closest direct competitor to Kimco's grocery-anchored, necessity-based open-air strategy.
- Brixmor Property Group: Owns and operates one of the largest open-air shopping center portfolios in the US with a focus on grocery-anchored centers. Highly comparable in scale, tenant base, and leasing model to Kimco.
- Phillips Edison & Company: Internally managed REIT focused exclusively on grocery-anchored neighborhood shopping centers. Smaller than Kimco but very directly comparable on tenant strategy, format, and necessity-retail positioning.
- Kite Realty Group Trust: Open-air shopping center REIT with a predominantly Sun Belt portfolio. Directly comparable in geographic concentration and tenant mix to Kimco's coastal and Sun Belt strategy.
- SITE Centers: Open-air shopping center REIT focused on necessity and value-oriented retailers. Smaller and more discretionary-tilted than Kimco but competes for similar anchor and small-shop tenants.
Broad incumbents
- Simon Property Group: Largest US REIT and dominant owner of regional malls and premium outlet centers. Competes with Kimco for national retail tenants but operates in a different format (enclosed mall vs. open-air) at much greater scale.
- Realty Income: S&P 500 net-lease REIT with a diversified portfolio across retail, industrial, and other property types. Competes with Kimco for retail tenant credit and capital allocation but operates a fundamentally different single-tenant net-lease model.
- Macerich: Major mall REIT owning high-quality regional malls in dense US markets. Competes indirectly with Kimco for retail tenant mindshare and rent dollars, but with a mall-specific format that is more exposed to e-commerce substitution.
Emerging players
- Tanger Inc. Outlet center operator that increasingly overlaps with Kimco's value and off-price retail tenant base. Smaller and more focused than Kimco, with less grocery-anchored exposure, but increasingly competitive for off-price and discretionary retailers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Kimco Realty social profiles
Digital presenceKimco Realty compliance and trust
Trust signalCompliance8 records
Kimco Realty financial estimates
Financial estimateRevenue estimate
Valuation estimate
Kimco Realty leadership team
Management profileNumber of profiles
Profiles10 records
Kimco Realty subsidiaries and ownership
Company hierarchySubsidiaries2 records
Kimco Realty funding detail
Funding detailFunding overview
Funding rounds7 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Kimco Realty M&A and investment
M&A and investmentM&A3 records
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Kimco Realty
What does Kimco Realty do?
Kimco Realty owns, operates, and leases 565 open-air, grocery-anchored shopping centers and mixed-use properties comprising approximately 100 million square feet of gross leasable space across 29 U.S. states. The company generates revenue primarily through minimum base rents, expense reimbursements, and percentage rents from necessity-based retail tenants, complemented by management fees from joint ventures and interest income from mortgage and mezzanine financing.
Is Kimco Realty a public or private company?
Kimco Realty is a public company. It is classified as public and is currently operating.
When was Kimco Realty founded?
Kimco Realty was founded in 1957. It employs 501 to 1,000 people.
Where is Kimco Realty based?
Kimco Realty is headquartered in New Hyde Park, United States, in the North America region.
How does Kimco Realty make money?
Three revenue lines are on record. Rental Property Revenues are the primary driver. The others are management and Other Fee Income and mortgage and Other Financing Income.
Who are Kimco Realty's main competitors?
Direct peers on record are Federal Realty Investment Trust, Regency Centers, Brixmor Property Group, Phillips Edison & Company, Kite Realty Group Trust and SITE Centers. Broad incumbents are Simon Property Group, Realty Income and Macerich. Tanger Inc. is listed as an emerging player.
Does Kimco Realty have an API?
No public API is recorded for Kimco Realty.
What industry is Kimco Realty in?
Kimco Realty's product category is Retail REIT / Grocery-Anchored Shopping Center Real Estate. Its primary akta.pro industry code is FSAEAJAB, Commercial Real Estate Brokerage (Leasing & Sales), with a secondary code of BPAJABAB, Retail Brokerage. Its NAICS code is 532 and its SIC code is 6532.