RK Centers Acquires Bristol Place Shopping Center In Attleboro For $70.6M

The Bristol Place shopping center in Attleboro, Massachusetts has been sold for $70.6 million. The property, located at 1130 Newport Avenue, is a retail asset spanning 415,000 square feet. The sale price translates to a price per square foot of $170. The shopping center is anchored by Home Depot and Market Basket, making it a prime retail location.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $70,600,000
• Address: 1130 Newport Avenue, Attleboro, MA
• Market: Attleboro, MA
• Square Footage: 415,000 square feet
• Price per Square Foot: $170

Raanan Katz, the buyer in this transaction, represents RK Centers, a Needham-based company. Karim Fadel, on the other hand, acted as the seller and was represented by Unison Realty Partners. The sale of the Bristol Place shopping center marks a significant investment for RK Centers, as they expand their retail portfolio.