Kimco Realty Acquires Christown Spectrum Retail Center in Phoenix for $115.3 Million

by Nellie Day

PHOENIX — Kimco Realty Corp. has acquired Christown Spectrum, an 850,000-square-foot destination power center located in Phoenix, for $115.3 million.

The retail center is 94 percent occupied and anchored by Walmart Supercenter, Costco and SuperTarget. Other retailers include Walgreens, Ross Dress for Less, PetSmart, Dollar Tree, Bank of America, Famous Footwear, GNC, Bath & Body Works, Supercuts, Taco Bell, Carl’s Jr. and Wingstop Restaurant.

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