Kimco Acquires Wilton Campus Shops for $39.7M
Kimco Realty Corp. (NYSE: KIM) today announced the acquisition of Wilton Campus Shops, a 97,000-square-foot grocery-anchored retail center in Wilton, Conn., that is part of a larger mixed-use complex known as Wilton River Park. This acquisition marks the addition of another high-quality property in a core market to Kimco's U.S. shopping center portfolio. Kimco purchased Wilton Campus Shops from a partnership of Kleban Properties in Westport, Conn., for $39.7 million, including $20.9 million of mortgage debt.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.