Manila Times Business
Kimco Realty Acquires Two Dominant Grocery-Anchored Centers in Louisville
$295 million acquisition of two East End centers recycles capital at an over 100 basis point spread, with embedded growth from below-market rents and remerchandising JERICHO, N.Y., Nov. 02, 2026 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM) today announced the $295 million acquisition of Paddock Shops and Shelbyville Road Plaza, two grocery-anchored, open-air shopping centers in Louisville’s East End, home to the metro’s most affluent and desirable trade area. Anchored by Trader Joe’s and The Fr
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Source: manilatimes.net
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