RK Centers Leasing Update - Raanan Katz Company.

The RK Centers leasing team had a strong performance during both the 2nd and 3rd quarters, completing deals totaling over 220,000 square feet.  Throughout RK's New England portfolio, sixteen new tenants were signed to new leases.   At RK Centre in Weymouth alone, four deals were signed, headlined by National Wholesale which will anchor the center with a new 90,000 square foot store.   Itzaparty also signed a lease for 20,000 square feet.  The center was comprehensively renovated with a new façade, a new traffic signal, new pylon signs, and new LED parking lot lighting. Another notable deal was in Hudson, MA at RK Hudson Towne Center.  The leasing team recruited Boost Fitness for the 24,000 square foot junior anchor position in this Hannaford anchored center.  Locally owned and operated, Boost Fitness is known for providing a clean and comfortable facility with great service at an outstanding value.   The Hudson location is their fifth club. Finally, PetSmart executed a new lease for 7,000 square feet in Swansea, MA at RK Swansea Place.  The 201,000 square foot center is anchored by Target and Marshalls. The strong effort by the leasing team enabled RK to continue to be active in the acquisitions market as well.  RK Centers acquired four properties over the 2nd and 3rd quarters totaling over $101 million. CLICK HERE TO MEET WITH US AT ICSC NEW YORK

National Wholesale - Weymouth 90,000 SF    Medial Use - Weymouth 10,000 SF  South Shore Diamond Exchange - Pembroke 3,250 SF   iHop Southington 5,400 SF

PetSmart - Swansea4,500 SF    ITZAPARTY - Weymouth 20,000 SF   rue21 - Newport 5,500 SF

Striking Beauties7,300 SF    Premier Martial Arts 4,850 SF   Boost Fitness 24,227 SF

Fitworks Easton4,500 SF    Fitworks Weymouth 4,100 SF   Subway Pembroke 1,908 SF

Raanan Katz and RK Centers Welcome New Tenants to RK Plaza Hooksett, NH

RK Centers Welcomes New Tenants to RK Plaza Hooksett, NH

04-16-2013

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RK Plaza - Hooksett, NH 

(PRBuzz.com) April 15, 2013 -- RK Centers and Raanan Katz Miami Heat Owner are excited to welcome 2 new tenants to RK Plaza in Hooksett, NH. The leasing team at RK Centers has worked closely with the tenants to complete the 2 new leases totaling 14,000 SF for Comlax/Pure Hockey and 1,720 SF for Bargain Beds. RK Centers purchased the shopping center in 2007. The total square footage of the shopping center is about 150,000 square feet. The other tenants include a 94,500 SF K-Mart, Applebee's Restaurant, NH State Liquor Store, Dollar Tree, Nail Salon, Jade Garden Restaurant, Hooksett Laundry, and there are 2 spaces available 4,800 SF and 5,000 SF.

The 5,000 SF that is available is an out parcel building at the front of the shopping center. It has great exposure to Route 3 and can be re-developed for most uses. It is a great location for a Restaurant. There is a dedicated pylon sign with digital message board that can be used by the tenant. The other space available is 4,800 SF and is inline near K-Mart. it is 40' x 120' and can be delivered immediately. 

RK Centers History
RK Centers (formerly known as R.K. Associates) is a privately held, family-owned real estate development company which currently owns over 6,000,000 square feet of retail space and 100,000 square feet of office space. With a stable business model utilizing a minimal amount of leverage, we are poised to acquire additional properties as we continue to grow our portfolio. Our company typically closes on acquisitions in less than 30 days with its own funds; thereby eliminating the need to obtain financing. With over thirty years of experience in real estate, RK Centers has a proven track record of success with tenants, customers and the communities in which we operate. All of RK Centers' leasing and management is performed in-house by company staff.

The company was founded and is principally owned by Raanan Katz, who entered the real estate development arena in the 1970s. He has guided the company with a steady growth rate which has withstood numerous market cycles. His "hands-on" approach and conservative borrowing practices have resulted in a portfolio of first-class properties with an extremely low debt structure, resulting in RK Centers being one of the more stable shopping center operators in the industry. RK Centers welcomes inquiries from national and regional retailers who are interested in drawing upon our considerable resources for assistance in site selection or other expansion needs. More information on Raanan Katz and RK Centers can be found at www.rkcenters.com.

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Raanan Katz and RK Centers - Hooksett, NH