ki kimco realty is up 40% this year in trading near 52 week highs.uarter results met estimates. some top tenants include home depot, whole foods and walmart here for a "power lunch" exclusive is the president and founder of kimco busy dad you're doing a lot here. we're so glad you could be here. it's interesting in a time when people say the mall is dead, the strip mall is alive and kicking? >> we don't have any department store risks. that's a benefit right now typically our shopping stores are anchored bay grocery store, whole foods, trader joe, safeway, albertsons and authors performing quite well. >> what happens if the malls start to copy your strategy which some of ours are doing great idea does that take away your competitive advantage? >> that's called shadow supply identifying where a competitor could be coming in the nice part how we position our portfolio we actually now have the portfolio that we dream of, of being very opportunistic and looking at the competitive set our rents are below market we can continue to attract new tenants and p

think new york, brooklyn and then the retail reits, some big winners like kimco and realty income as well as some big losers like simon and macerich the losers own shopping malls and we know that the malls die every time you see another retail bankruptcy, like that forever 21, these stocks get rocked forever 21 happens to be simon's seventh largest client how did kimco manage to rally 39% for the year they're not mall reits, they're shopping center reits. people used to bet against kimco all the time on this the difference being that shopping centers are mostly mixed use spaces in big population centers, a lot of them strip malls people like that easy to get in, get out. finally, you've got a bunch of weird, specialized reits if data center names have caught fire this year. equinox up 63% digital realty up 27%. the the cell tower reits, wow. here's american tower, crown castle we've had american castle on a lot. sbac on, too they have a lot more upside, by the way. 5g approaches. we need more more and more bandwid bandwidth. extra space and public storage that's where retired baby bo