Kimco Realty Corp (KIM - Free Report) recently started pre-leasing apartments for its iconic mixed-use development, Lincoln Square, at Philadelphia’s Center City District. The natural food grocer, Sprouts Farmers Market, Inc. (SFM - Free Report) , will be expanding in Philadelphia by opening its first outlet at Lincoln Square. The outlet, slated to open by the third quarter of 2018, spans across 32,000 square feet of space.
The project also includes 322 residential units, ranging from studio to three-bedroom apartments. The leasing for the same has started and residents are likely to start moving in by this summer. An additional 50,000 square feet of space, including both indoor and outdoor, has been reserved for amenities, including fitness club, outdoor running track and pet grooming station to name a few.
The Lincoln Square is very conveniently located, just two blocks away from the Septa subway station, and at a walkable distance to the best shopping and dining places.
Apart from Sprouts Farmers Market, other tenants already on board include Target (TGT - Free Report) , Starbucks (SBUX - Free Report) , PetSmart and Sprint Corporation. Per Tom Simmons, president of the mid-Atlantic region at Kimco, “In addition to the state-of-the-art amenities offered, residents will be just steps away from a variety of convenient, affordable and healthy retail options that will complement their active city lifestyle.”
However, amid the choppy retail real estate environment, this Zacks Rank #4 (Sell) stock has underperformed the industry in the past three months. While its shares descended 17.6%, the industry recorded a decline of 9.3% during the same time period.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Kimco Realty Corp (KIM - Free Report) recently started pre-leasing apartments for its iconic mixed-use development, Lincoln Square, at Philadelphia’s Center City District. The natural food grocer, Sprouts Farmers Market, Inc. (SFM - Free Report) , will be expanding in Philadelphia by opening its first outlet at Lincoln Square. The outlet, slated to open by the third quarter of 2018, spans across 32,000 square feet of space.
The project also includes 322 residential units, ranging from studio to three-bedroom apartments. The leasing for the same has started and residents are likely to start moving in by this summer. An additional 50,000 square feet of space, including both indoor and outdoor, has been reserved for amenities, including fitness club, outdoor running track and pet grooming station to name a few.
The Lincoln Square is very conveniently located, just two blocks away from the Septa subway station, and at a walkable distance to the best shopping and dining places.
Apart from Sprouts Farmers Market, other tenants already on board include Target (TGT - Free Report) , Starbucks (SBUX - Free Report) , PetSmart and Sprint Corporation. Per Tom Simmons, president of the mid-Atlantic region at Kimco, “In addition to the state-of-the-art amenities offered, residents will be just steps away from a variety of convenient, affordable and healthy retail options that will complement their active city lifestyle.”
However, amid the choppy retail real estate environment, this Zacks Rank #4 (Sell) stock has underperformed the industry in the past three months. While its shares descended 17.6%, the industry recorded a decline of 9.3% during the same time period.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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