RK Centers Acquires Grocery-Anchored Property Near Boston for $19.5 Million

by Alex Tostado

Stoughton, Mass. — RK Centers has acquired a shopping center in Stoughton, located approximately 20 miles south of Boston, for $19.5 million. A 59,987-square-foot Stop & Shop grocery store anchors the 79,300-square-foot center, which also houses tenants such as Bank of America, Care Central Urgent Care and Andrade’s Liquors. Nat Heald, Chris Angelone and Jessica Dowd of JLL represented the seller, Katz Properties Retail, in the transaction.

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