M&A Deal Summary

Kimco Realty Acquires Black Mountain Village & D Andrea Marketplace

On June 4, 2007, Kimco Realty acquired real estate company Black Mountain Village & D Andrea Marketplace for 54M USD

Acquisition Highlights
  • This is Kimco Realty’s 19th transaction in the Real Estate sector.
  • This is Kimco Realty’s 13th largest (disclosed) transaction.
  • This is Kimco Realty’s 11th transaction in the United States.
  • This is Kimco Realty’s 3rd transaction in California.

M&A Deal Summary

Date 2007-06-04
Target Black Mountain Village & D Andrea Marketplace
Sector Real Estate
Buyer(s) Kimco Realty
Deal Type Add-on Acquisition
Deal Value 54M USD

Target

Black Mountain Village & D Andrea Marketplace

California, United States
D'Andrea Marketplace in Sparks, with approximately 120,000 square feet and Black Mountain Village in San Diego,totaling approximately 49,000 square feet.

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Buyer(S) 1

Buyer

Kimco Realty

Jericho, New York, United States

Category Company
Sector Real Estate
Employees660
Revenue 1.8B USD (2023)
DESCRIPTION

Kimco Realty is a real estate investment trust (REIT) that owns and operates North America's major publicly traded portfolio of neighborhood and community shopping centers. Kimco Realty is based in Jericho, New York.


DEAL STATS #
Overall 19 of 38
Sector (Real Estate) 19 of 37
Type (Add-on Acquisition) 10 of 19
State (California) 3 of 6
Country (United States) 11 of 28
Year (2007) 2 of 2
Size (of disclosed) 13 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-04 Ten West Coast Shopping Centers

United States

Ten West Coast Shopping Centers ,totaling approximately 428,500 square feet and four in Nevada with 484,500 square feet.

Buy $289M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-04 PL Retail

United States

PL Retail LLC, an entity comprising 21 shopping centers comprising approximately 5.2 million square feet of gross leasable area (GLA) are located in California.

Buy $175M