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RK Centers Snaps Up Grocery-Anchored Shopping Center for $19.5 Million

New York Firm Sells Stop & Shop-Anchored Plaza in Suburban Boston
The Stop & Shop-anchored shopping center in Stoughton, Massachusetts, was completed in 1988. (CoStar)
The Stop & Shop-anchored shopping center in Stoughton, Massachusetts, was completed in 1988. (CoStar)
By Cody Irelan
CoStar Research
November 7, 2019 | 4:49 P.M.

RK Centers, a privately held, family-owned development company, has purchased a Stop & Shop-anchored shopping center in Stoughton, Massachusetts, from Katz NYC for $19.53 million, or about $246 per square foot.

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