Strathmoor Manor

Strathmoor Manor, KY · LATEST NEWS
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WHAS11
QSR magazine
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connectcre.com
Kimco Realty Completes $295M Acquisition of Louisville Retail Centers
Kimco Realty acquired Paddock Shops and Shelbyville Road Plaza, two grocery-anchored shopping centers in Louisville, for $295 million. The properties total over 741,000 square feet and are anchored by Trader Joe’s and The Fresh Market. Paddock Shops is 94% leased; Shelbyville Road Plaza is 92% leased. “Paddock Shops and Shelbyville Road Plaza are exactly the kind of centers we want to own: grocery-anchored, in the strongest trade areas of a supply-constrained market,” said Conor Flynn, Chief Executive Officer of Kimco Realty. “These centers also offer meaningful embedded upside through the recapture of below-market leases and the opportunity to further enhance the tenant mix with dynamic brands and specialty retailers.”
Country Herald
fireapparatusmagazine.com
Fire, Police Departments in New Albany (IN) Likely to Receive New Equipment Soon
NEW ALBANY – City of New Albany police officers and firefighters will likely see improvements to their equipment soon after the city council took steps to allocate money for new police cars and turnout gear Monday during a council meeting. The New Albany city council passed an ordinance appropriating...