-
Kimco to buy 24 New England properties for $270 million
New Hyde Park, N.Y. — Kimco Realty Corp. has announced a purchase and sale agreement to acquire a 24-property retail portfolio in New England for $270 million, which includes the assumption of $121.5 million of mortgage debt.
The 1.4-million-sq.-ft. portfolio is 96% occupied. It includes 17 properties in the Boston metropolitan market. Anchor tenants include Whole Foods, Trader Joe’s, Lowes, Kohl’s, Petco, Pier 1 Imports, Aldi Supermarket, CVS and Walgreens.
-
Target to open 33 Canadian stores in November
Mississauga, Ont. – Target Canada has announced the opening dates for 33 additional Canadian store locations spanning across nine provinces, including its first stores in New Brunswick, Prince Edward Island and Newfoundland.
Thirty-one store locations are scheduled to open on Nov. 13, and the remaining two locations will open on Nov. 22, completing Target's Canadian store openings for 2013.