Tesla Motors Inc. Opens Supercharger Station at Kimco's Gateway at Donner Pass Shopping Center

NEW HYDE PARK, N.Y.--(BUSINESS WIRE)--

Kimco Realty Corp. KIM, the nation's largest publicly-traded owner and operator of neighborhood and community shopping centers, today announced the opening of a Tesla Motors Inc. TSLA Supercharger station at Kimco's Gateway at Donner Pass shopping center in Truckee, Calif.

“This new highly-anticipated Supercharger site allows customers to charge their vehicle as they shop and dine at our center,” said David Jamieson, vice president of leasing and asset management at Kimco. “We consistently evaluate new opportunities to enhance the shopping experience for our customers and providing charging stations for Tesla owners seemed like the next smart choice.”

The station features six Supercharger bays with the ability to replenish 50 percent battery capacity for a Tesla Model S in as little as 20 minutes, which is 16 times faster than many of the public electric charging stations now available. Situated behind the Safeway supermarket, the charging bays will be open 24 hours a day.

Gateway at Donner Pass, situated off of Interstate 80 (Exit 185) at the intersection of Donner Pass Road and Frates Lane, is anchored by Safeway and Rite Aid, along with several well-known national and regional tenants including Starbucks, Verizon Wireless, Panda Express, and Round Table Pizza.

About Kimco

Kimco Realty Corp. KIM is a real estate investment trust (REIT) headquartered in New Hyde Park, New York, that owns and operates North America's largest portfolio of neighborhood and community shopping centers. As of June 30, 2014, the company owned interests in 840 shopping centers comprising 121 million square feet of leasable space across 41 states, Puerto Rico, Canada, Mexico and South America. 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 http://www.kimcorealty.com, the company's blog at blog.kimcorealty.com, or follow Kimco on Twitter at www.twitter.com/kimcorealty.