Kimco Realty has a acquired a 1.4 million-square-foot retail portfolio in the Boston area, New Jersey and Connecticut for $270 million, from an entity managed by venture capital firm Bollard Group. The REIT is assuming $120.5 million in debt as part of the transaction. The portfolio of more than 20 properties aligns with Kimco’s focus on grocery, necessity and discount retailers. Read the American City Business Journals/Boston/BBJRE Daily blog story here


