New Acquisition
RK Centers Acquires 106,000 SF Hialeah Shopping Center for $28.3M
Sunny Isles Beach, FL (Issued July 29, 2022) —Continuing its aggressive retail property acquisition program across South Florida, RK Centers of Sunny Isles Beach and Needham, MA, has purchased a 106,000 SF retail center located at 1460 W 49th Street in Hialeah. The purchase price was $28,300,000. The seller is Seritage Growth Properties. The buyer’s broker is …
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RK Centers Acquires Pineapple Commons in Stuart, FL for $48.5M
RK’s single largest purchase in Florida at $48,500,000, adding 256,000 Square Feet to RK’s South Florida Portfolio Sunny Isles Beach, FL (Issued July 7, 2022) – RK Centers (www.www.rkcenters.com), a privately held family-owned real estate development company with a growing 10,000,000 square foot portfolio of commercial retail space in South Florida and New England, has …
RK Centers Acquires Pineapple Commons in Stuart, FL for $48.5M Read More »
RK Centers Acquires Park View Square Shopping Center in Miramar, FL for $15.68M
The property’s new name is RK Park View Square, according to the announcement by Andrew Zidar, RK Centers’ VP of Development and Acquisitions. The property is located at 17051 Miramar Parkway consists of 70,000 square feet situated on 9.33 acres. The seller, Philips Edison & Company, and RK Centers were represented by Dennis Carson of …
RK Centers Acquires Park View Square Shopping Center in Miramar, FL for $15.68M Read More »
Company led by Miami Heat part-owner buys West Palm Beach retail building for $12M
By Brian Bandell – 05/13/21 RK Centers, led by Miami Heat part-owner Raanan Katz, paid $12.05 million for a Best Buy-anchored retail building in West Palm Beach. BBY West Palm Beach, managed by Norman J. Buhrmaster of Orion Investment and Management in Miami, sold the 45,863-square-foot retail building at 1880 Palm Beach Lakes Blvd. to RK West Palm Beach 1 …
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Raanan Katz’s RK Centers buys West Palm Best Buy for $12M
Deal marks RK Center’s third Best Buy purchase since September. This article was originally posted on therealdeal.com Raanan Katz’s RK Centers is continuing its shopping spree for South Florida Best Buys, scooping up a store in West Palm Beach for $12 million. Needham, Massachusetts-based RK Centers, which has a Sunny Isles Beach office, bought the …
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RK Centers Continues South Florida Aggressive Growth with $20.4 Million Purchase of Best Buy Property in Doral Also Leases to Burlington Store at RK California Club Center in N. Miami
Sunny Isles Beach, FL (Issued September 29, 2020) — In a dramatic move demonstrating its continued commitment to South Florida, RK Centers announced its acquisition of the Best Buy Doral retail property located at 10760 NW 17th St., Doral. The sale price for the 45,675 square-foot building was $20.4 million. The site consists of …
RK Centers Acquires 75,000 SF Stop & Shop Anchored Center in Middletown, RI
NEEDHAM, MA – May 2, 2017 – RK Centers has acquired RK Brown’s Lane (formerly Brown’s Lane), a 75,000 square foot shopping center in Middletown, Rhode Island from RPAI (Retail Properties of America, Inc.) for $10,575,000. The sale was brokered by Nat Heald and Chris Angelone of JLL Capital Markets. The property has excellent access …
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RK Centers Acquires Hannaford Anchored Center in Bedford, NH
NEEDHAM, MA – March 2, 2017 – RK Centers has acquired a 103,000 square foot shopping center in Bedford, New Hampshire from Eastern Development for $14 million. The sale was brokered by Geoffrey Millerd and Justin Smith of NGKF Capital Markets. The property is located at the confluence of Route 293, Route 101, and Route …
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RK Centers Acquires Stop & Shop Ground Lease
https://nerej.com/rk-centers-acquires-stop-shop-ground-lease-for-635-million
