Kimco Realty acquires Stonebridge lifestyle center in $172.5m deal

Kimco Realty acquires Stonebridge lifestyle center in $172.5m deal

Kimco Realty (NYSE: KIM), the largest publicly traded owner and operator of open-air, grocery-anchored shopping centers in North America, has announced its acquisition of Stonebridge at Potomac Town Center. Located in Woodbridge, Virginia, the 96%-occupied, 504,000-square-foot lifestyle center was purchased for $172.5 million, marking a significant expansion of Kimco’s growing portfolio. Stonebridge at Potomac: A […]