NEW HYDE PARK, N.Y.--(BUSINESS WIRE)--Kimco Realty Corp. (NYSE:KIM) today announced that initial inspections of the Company’s assets in the path of Hurricane Irma reveal minimal damage, generally limited to debris cleanup, landscaping damage and minor water intrusion. Shopping centers are starting to reopen as power is restored.
“We’re once again happy to report that our team members are safe and damage to our assets is limited,” said Conor Flynn, Kimco’s Chief Executive Officer. “I’d like to recognize the tireless efforts of our property management team as they work to get our tenants open to serve the impacted communities as they begin the rebuilding process.”
Kimco Realty Corp. (NYSE: KIM) is a real estate investment trust (REIT) headquartered in New Hyde Park, N.Y., that is one of North America’s largest publicly traded owners and operators of open-air shopping centers. As of June 30, 2017, the company owned interests in 510 U.S. shopping centers comprising 84 million square feet of leasable space primarily concentrated in the top major metropolitan markets. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 50 years. For further information, please visit www.kimcorealty.com, the company’s blog at blog.kimcorealty.com, or follow Kimco on Twitter at www.twitter.com/kimcorealty.