New York State Common Retirement Fund and Kimco Realty have teamed up to acquire Latham Farms shopping center for $58.6 million from AMB Property. The deal was done by the Kimco Income REIT, a partnership between the $115 billion, Albany-based retirement fund and Kimco Realty. Each owns a 40% share in the REIT, with other institutional investors owning the remaining 20%.
New York State Common Retirement Fund and Kimco Realty have teamed up...
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