Target Plaza Sold for $12.9 Million

FRAMINGHAM – Atlantic Investments completed the sale of a 45,769-square-foot condominium interest in a Framingham strip mall to R.K. Framingham, LLC for $12.9 million.

The strip mall is located on Route 30 in Framingham. Basically Target sold the other parts of the plaza to R.K. Framingham LLC, known as RK Centers.

The tenants include Home Goods, Panera Bread, and Game Stop.

Redeveloped in 2001 the only vacancy is the former Payless Shoes. It is the first vacancy in more than a decade.

RK Centers is a privately held family-owned real estate development company that owns and manages over eight and a half million square feet of commercial retail space, primarily ‘open air’ regional and community shopping centers in New England and South Florida.

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Photo courtesy

Framingham Source Editor Susan Petroni

Susan Petroni Framingham Source Editor Email: editor@FraminghamSource.com Phone: 508-315-7176

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