Kimco Announces Buyout of The Markets at Town Center for $108M
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Kimco Realty Corp. has announced the acquisition of The Markets at Town Center in Jacksonville for $108 million, expanding its presence in the area.
January 09, 2025 | 5:30 pm
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Kimco Realty Corp. has acquired The Markets at Town Center in Jacksonville for $108 million, enhancing its market presence.
The acquisition of The Markets at Town Center for $108 million is a strategic move by Kimco Realty Corp. to strengthen its position in the Jacksonville market. This expansion is likely to positively impact KIM's stock price in the short term as it enhances the company's asset portfolio and market presence.
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