Kimco Realty acquires Jantzen Beach an open-air shopping center in Portland, Oregon for $131.8 million

NEW HYDE PARK, N.Y., 2017-Jul-11 — /EPR Retail News/ — Kimco Realty Corp. (NYSE:KIM) today (7/10/2017) announced the post-second quarter acquisition of Jantzen Beach, a 96%-occupied, 746,000-square-foot, open-air shopping center on 67 acres in Portland, Oregon, for $131.8 million, or $177/square foot, substantially below replacement cost. Jantzen Beach is the company’s eighth property in the […]