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

Property Image
SOLD
$70,600,000

Massachusetts

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Retail415,000 SF
Sold 10/18/2023
the dealplayerscompscontact
Property Image
SOLD

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

Retail415,000 SF
Sold 10/18/2023
the dealplayerscompscontact
Contact now

Summary

Asset Type:Retail
Price Per Square Foot:$170
Total Square Footage:415,000 SF
Transaction Type:Sale

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.

Players

RK Centers
RK Centers
BROKERAGE
Raanan Katz
RK Centers
Raanan Katz
18 deals$641.7M volume
BUYER

Details

SOLD
IMAGE: Raanan Katz & Karim Fadel DATE: 10/18/2023 ADDRESS: 1130 Newport Avenue MARKET: Attleboro, MA ASSET TYPE: Retail BUYER: Raanan Katz - RK Centers (@RKCenters) SELLER: Karim Fadel - Unison Realty Partners SALE PRICE: $70,600,000 SF: 415,000 ~ PPSF: $170 NOTE: RK Centers, based in Needham, has purchased the Bristol Place shopping center in Attleboro for $70.6 million, with the property anchored by Home Depot and Market Basket.

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