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Tag: four-property joint venture portfolio for $170.7M

Kimco Realty acquisitions: remaining 85% interest in four-property joint venture portfolio for $170.7M; Kentlands Market Square for $95M

NEW HYDE PARK, N.Y., 2016-Sep-07 — /EPR Retail News/ — Kimco Realty Corp. (NYSE:KIM) today (9/6/2016) announced the acquisition of the remaining 85% interest in a four-property joint venture portfolio for a gross price of $170.7 million, which includes the assumption of $103 million in mortgage debt. Simultaneous with this acquisition, the company prepaid $26 million…

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