Tuesday, January 27, 2015
Raanan Katz Purchases North River Plaza in Pembroke, MA - RK CENTERS
Raanan Katz and his company RK Centers has finalized the purchase of North River Plaza. According to Geoff Millerd at Therealreporter.com, they purchased the property for $37.3 Million. The property includes a great national and local tenant mix. The roster includes Kohl's, Stop & Shop, Staples, Olympia Sports, Dress Barn, Dollar Tree and more.
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. |
|
 |
| |
|
| |
|
| |
|
|
Subscribe to:
Posts (Atom)