RK Centers Continues AggressIve South Florida Growth With $20.4 Million Purchase Of Best Buy Property In Doral

Sep 27, 2020 No Comments by

RK Centers has acquired the Best Buy Doral property located at 10760 NW 17th Street.

The 45,675-square-foot building, which is situated on 4.23 acres, sold for $20.4 million.

The seller was represented by Roberto Susi and the buyer was represented by Jose Sasson-Lerner, both of whom are with Axiom Capital Advisors.

 

“The location of this asset coupled with the presence of a strong national tenant such as Best Buy made this both a unique and desirable property for us to acquire,”   explained Andrew Zidar, RK Centers’ VP of Development and Acquisitions.

During 2019, RK completed over $100 million in acquisitions, investing in seven new properties totaling just under 500,000 square feet, primarily ‘open air’ regional and community shopping centers in South Florida and New England.

The acquisition comes on the heels of a 280,000-square-foot lease deal  recently closed  by RK Centers. Burlington will open a new retail location at RK California Club Center at 850 Ives Dairy Road in North Miami. The retail plaza, located one half mile west of I-95, is home to an attractive mix of tenants including Winn-Dixie, Dollar Tree, CVS, Planet Fitness, Citi Trends and many others.

 

 

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Industry News, Miami-Dade County Retail, NA, Retail
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