M&A Deal Summary

Kimco Realty Acquires Canyon Pointe

On December 24, 2002, Kimco Realty acquired real estate company Canyon Pointe

Acquisition Highlights
  • This is Kimco Realty’s 11th transaction in the Real Estate sector.
  • This is Kimco Realty’s 4th transaction in the United States.
  • This is Kimco Realty’s 1st transaction in Nevada.

M&A Deal Summary
Date 2002-12-24
Target Canyon Pointe
Sector Real Estate
Buyer(s) Kimco Realty
Deal Type Add-on Acquisition

Target

Canyon Pointe

Nevada, United States
Canyon Pointe is a 157,000 square foot center anchored by Marshalls, Best Buy and Bed, Bath & Beyond. The site is currently 100 percent leased.

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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 11 of 38
Sector (Real Estate) 11 of 37
Type (Add-on Acquisition) 4 of 19
State (Nevada) 1 of 1
Country (United States) 4 of 28
Year (2002) 11 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-12-20 Sutton Square

Raleigh, North Carolina, United States

Sutton Square located in Raleigh, North Carolina, is a 102,000 square foot shopping center anchored by a Harris Teeter supermarket and an Eckerd drug store. The shopping center, which is 98.0 percent leased.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-12-30 Holmdel Town Center

Holmdel, New Jersey, United States

Holmdel Town Center is a 296,000 square foot shopping center,Major tenants in this shopping center include A&P, Marshalls, Petsmart, and Barnes & Noble. This property is 90.0 percent leased.

Buy -
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