RK Centers Acquires Park View Square Shopping Center in Miramar, FL for $15.68M

Issued: 09/15/2021

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 CBRE.

“This acquisition continues with our strategy to add quality grocery anchored shopping centers in strong performing markets throughout South Florida. Miramar is an area that has seen significant growth over the last few years and will continue to do so moving forward.”

Andrew Zidar, Vice President of Development and Aquisitions

RK Centers owns and manages over 2,700,000 square feet in South Florida. This is RK’s fifth deal in Florida in the past 18 months. These acquisitions total over $75,000,000 and a total 264,075 square feet. In the same 18 months, RK Centers has also invested an additional $52,000,000 in Massachusetts and 245,968 square feet.