Kimco Adds Three Properties to Its SoCal Retail Portfolio
When studios choose to film in Temecula, Calif., it’s likely the craft-services team would want access to ready-to-consume food and groceries. Kimco Realty sees a similar need/want for its property portfolio. Kimco is adding three Southern California shopping centers to its retail presence, per the release:
342,336-square-foot shopping center located in Temecula, an area just north of San Diego in Riverside County, part of Southern California’s famed Inland Empire. Earlier this month, the center welcomed the addition of Kung Fu Tea, America’s largest bubble tea brand.
Los Angeles County: Covina Town Square (Kid’s Empire)
277,782-square-foot regional shopping center in Covina, California, centrally located in the Los Angeles metro area. The center will soon welcome Kid’s Empire, an indoor theme park-style playground that encourages active play
Orange County: Larwin Square (Dave’s Hot Chicken)
207,525-square-foot mixed-use community shopping center in Tustin, California, the heart of Orange County, with convenient access from the I-5 and 55 Freeways. The center will soon welcome Dave’s Hot Chicken, a “scrappy” late-night pop-up turned hot chicken sensation
The expanded tenancies are part of an overall growth plan for Kimco properties, with other retail additions soon to be announced in Washington and Colorado, according to a news release.
Kimco is familiar with this type of property, as it is North America’s largest, publicly traded owner and operator of open-air, grocery-anchored shopping centers.