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Business Description
Kimco Realty Corporation is an owner and operator of neighborhood and community shopping centers. The Company is a self-administered real estate investment trust (REIT). It manages its properties through present management, which owns and operates neighborhood and community shopping centers. As of February 5, 2004, its portfolio consisted of 699 property interests, including 620 neighborhood and community shopping center properties (including 26 property interests related to its Preferred Equity program), 36 retail store leases, 33 ground-up development projects and 10 parcels of undeveloped land totaling approximately 102.6 million square feet of leasable space (including 3.9 million square feet related to its Preferred Equity program and 4.9 million square feet projected for the ground-up development projects) located in 41 states, Canada and Mexico.