RK Centers is a privately held, family-owned real estate development company that specializes in the acquisition, development, and operation of open-air regional and community shopping centers. Operating across New England and South Florida, RK Centers boasts a robust portfolio of 102 retail properties, encompassing approximately 10 million square feet. With over thirty years of experience, the firm has established a sound business model characterized by minimal leverage and a steady growth trajectory despite oscillations in the real estate market. The company's philosophy focuses on maintaining high-quality properties while enhancing tenant and customer satisfaction through in-house leasing and property management services.
Founded by Raanan Katz, who shifted his focus from residential to commercial real estate in 1980, RK Centers has continuously expanded its influence in the retail sector by adopting conservative borrowing practices and investing in property improvements. The company's approach allows it to swiftly close transactions, often within 30 days, using its own funds, thus bypassing the complexities of external financing. This agility, combined with a hands-on management style, has augmented its reputation as one of the most stable shopping center operators in the industry.
National and regional retailers seek RK Centers for assistance with site selection and expansion needs, benefiting from the firm's vast resources and experienced staff. The company has garnered recognition for its commitment to community development and property management, securing its place among the top commercial property managers in Massachusetts. As it looks to the future, RK Centers remains well-positioned to continue its growth across the states it serves.
