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Kimco Exchange Place is now teaming up with retail
and net lease property owners and developers to
place real estate into the 1031 exchange market. We
can deliver your property to thousands of retail
buyers throughout the United States. Why team-up
with Kimco Exchange Place?
- Lower commissions
- National exposure
- Extensive shopping center experience
- Option to submit to principals only
- Valuation expertise
Kimco has been in the business of owning and
developing shopping centers since 1966 and has
extensive experience and contacts within the field
of retail real estate. Our reputation for integrity
and quality real estate also helps us attract buyers
and close deals. Our continually growing database of
almost 7,000 buyers includes approximately 2,100
exchange principals, 1,800 non-1031 exchange
investors and 3,000 brokers specializing in the sale
of retail properties. Kimco Exchange Place can help
you access this market.
Kimco Exchange Place typically charges lower fees
than traditional brokers. Our system and position in
the business allows us to deliver a superior service
for a lower cost. We pass these savings on to our
clients.
Kimco Exchange Place employs a national
advertising campaign that drives traffic to our
website and identifies buyers who are added to our
already substantial database. Our website,
Kimcoexchangeplace.com, receives 100,000 hits per
month and is a leading resource for identifying 1031
exchange replacement property and other retail
investments nationally.
We also offer the option of marketing your
property to our database of principals only. By
choosing this option we can greatly improve the
sellers' privacy and discreetly put the property on
the market. For additional discretion, we will
custom tailor the buyer list to suit your needs.
Alternatively, we can distribute the property flyer
to over 3,000 retail brokers specializing in the
sale of retail assets. By cooperating with the
brokerage community, we can generate the highest net
dollars to the seller on dispositions by giving the
property maximum exposure.
Other value added services we provide include
valuation and consulting. Kimco Exchange Place
tracks cap rates for all major retail tenants and
possesses considerable expertise in pricing
single-tenant and shopping center deals on a
national basis. We bring forth this knowledge in
helping our clients maximize their net worth. Kimco
Exchange Place is a wholly owned subsidiary of Kimco
Realty Corporation (NYSE: KIM), the nations largest
owner of neighborhood and community shopping
centers.
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