Kimco Getting Results from Lighting Retrofits, Executive Says

Will Teichman, senior director of strategic operations at Kimco Realty Corp. (NYSE: KIM), joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.

Teichman gave an update on Kimco’s efforts to retrofit all of its upper-end shopping centers with LED lighting. The project started at the beginning of 2015, and to date, Kimco has retrofitted more than 100 properties, representing about a quarter of its total net asset value.

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GGP Investing in Solar, HVAC, Lighting Initiatives

Brian Montague, senior vice president for energy and sustainability at General Growth Properties, Inc. (NYSE: GGP), joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.

Montague noted that GGP faces unique sustainability challenges as many of the malls in its portfolio were built in the 1970’s to 1990’s. “There’s a lot of old infrastructure, but we look at that as a positive,” Montague said.

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