Moovalot has finalized location agreements with its two founding retail REIT partners: KIMCO Realty and Brixmor Property Group. Together, these two national REITs manage nearly 700 open-air shopping centers across the United States — giving Moovalot a partnership foundation with genuine national scale.
Brixmor Property Group
The Moovalot story begins with Brixmor. In July 2023, Brixmor VP Howard Porter reached out to Co-Founder Michael Villarreal — initiating the conversation that validated the entire Moovalot concept. Brixmor owns and operates over 350 open-air shopping centers anchored by major grocery, home improvement, and discount retailers.
The Brixmor agreement is structured as a Portfolio STLA — a single agreement covering all active Brixmor sites in the market, rather than individual location negotiations. This structure reflects Brixmor's confidence in the Moovalot model and enables rapid, scalable deployment across their property portfolio.
KIMCO Realty
KIMCO Realty is one of North America's largest publicly traded owners and operators of open-air, grocery-anchored shopping centers, with over 500 properties across the US. The KIMCO agreement uses an individual license-per-site structure, giving Moovalot flexibility to select the highest-traffic, highest-potential locations within KIMCO's Houston portfolio.
Why REITs Are the Right Partners
National REIT relationships are Moovalot's distribution advantage. A single portfolio agreement with a REIT can unlock dozens of high-traffic locations simultaneously. As Moovalot expands beyond Houston — starting with Pointe Orlando (Brixmor, 9101 International Dr) — these relationships scale with us.
