Kimco Financial News
23.09 / 19:03
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Last full-size Kmart in US to close
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22.10 / 02:49
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Retail space is going fast and pushing out local shops
Subscribe to enjoy similar stories. When the lease for Alex Macias’ furniture store in Mesa, Ariz., came up for renewal in 2021, his landlord asked for twice the current rent. “In hindsight, they were saying, ‘Well, this is what a national tenant will pay.
28.08 / 22:17
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3M, Boston Scientific rise; Abcam, NovoCure fall, Monday, 8/28/2023
Stocks that traded heavily or had substantial price changes on Monday: 3M, Boston Scientific rise; Abcam, NovoCure fall
28.08 / 17:05
28.08 / 12:09
21.08 / 17:29
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Kimco
A Bright Spot in Commercial Real Estate: Retail Shops
real estate. Landlords say demand for retail space has remained robust this year, defying inflation pressures, high interest rates and liquidations including Bed Bath & Beyond and Christmas Tree Shops. Retail’s strength is largely the result of a sharp drop in retail construction since the 2008-09 financial crisis, which allowed the oversupplied sector to digest its existing real estate.
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