Groceries. A haircut. Something for dinner. Kimco Realty has built a national property business around the errands that refuse to go away - and the land underneath them.
A supermarket gets you into the parking lot. Regency Centers builds a business around what you do next.
While the internet was busy declaring the shopping center dead, a West Palm Beach firm quietly assembled 14 million square feet of the stuff - and keeps selling it at a profit.