Kimco Realty (KIM) has closed its earlier announced acquisition of RPT Realty (“RPT”) in an all-stock transaction, inclusive of the assumption of debt and preferred stock. The buyout adds to Kimco’s portfolio 56 open-air shopping centers encompassing 13.3 million square feet of gross leasable area to its existing portfolio of 527 properties. Of the 56 shopping centers, 43 are wholly owned. Apart from expanding Kimco’s footprint of high-quality, grocery-anchored shopping centers in the drivable first-ring su ...