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Kimco Purchases Arvada Shopping Center for $19.8M

Northridge Shopping Center Acquisition Expands Kimco's Management to 12 Centers
By Esmeralda McKie
October 24, 2013 | 1:16 P.M.

The 146,000-square-foot Northridge Shopping Center, located in the Denver suburb of Arvada, sold to Kimco Realty Corp. for $19.8 million, including $11.5 million of mortgage debt, which was negotiated in an off-market transaction. With this latest acquisition, Kimco now owns 12 centers in the Denver-Aurora-Broomfield metropolitan area.

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