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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 over 11,000 buyers includes approximately 6,000 principals, and 5,000 brokers specializing in the sale of retail, industrial and office 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 275,000 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 5,000 retail brokers specializing in the sale of commercial properties. 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 in North America.
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