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Home Finance Costco Acquires 195,000 SQFT Costco Plaza in Alhambra from Kimco for $58.9MM
FinanceIndustry NewsLos AngelesRetail

Costco Acquires 195,000 SQFT Costco Plaza in Alhambra from Kimco for $58.9MM

August 21, 20262 Mins read912
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Costco warehouse
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Kimco Realty has sold the six-building Costco Plaza in Alhambra to its anchor tenant, Costco Wholesale, in the center's first-ever ownership change since 1990, as the shopping-center REIT trades flat-lease certainty for reinvestment into higher-growth grocery-anchored centers.

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