Kimco Sells 216,235-Square-Foot Shopping Center in Lexington to Kaden Cos.

by Alex Tostado

Lexington, Ky. — An affiliate of Kimco Realty Corp. has sold South Park Shopping Center, a 216,235-square-foot retail center in Lexington, Kentucky.

Kaden T LLC, an affiliate of Louisville, Kentucky-based Kaden Cos., acquired the property. South Park Shopping Center is anchored by Best Buy, Office Depot and Bed Bath & Beyond. Other tenants include Ulta Beauty and Value City Furniture. Bruce Isaac and Jamie Adams of NAI Isaac assisted Kevin James of Black Gate Partners in representing the seller, Kimco Lexington 140 LLC, in the transaction. The sales price was not disclosed.

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