Kimco Realty Corporation acquired 1 million sqf Suburban Mall from J. C. Penney Company, Inc. for $5.2 million.
January 10, 2016 at 11:00 pm
Kimco Realty Corporation (NYSE:KIM) acquired 1 million sqf Suburban Mall from J. C. Penney Company, Inc. (NYSE:JCP) for $5.2 million in January 2016. In related transaction, Kimco acquired, Owings Mills for $11.5 million and a Parcel in Baltimore for $7.5 million.
Kimco Realty Corporation (NYSE:KIM) completed the acquisition of 1 million sqf Suburban Mall from J. C. Penney Company, Inc. (NYSE:JCP) in January 2016.