RK Centers - Raanan Katz

Tuesday, February 18, 2014

Raanan Katz Awarded Sunny Isles Beach Corporate Man of the Season Award

Raanan Katz Recognized for Outstanding Efforts Towards the Betterment of Sunny Isles Beach.

Raanan Katz was awarded the Corporate Man of the Season Award by the Sunny Isles Beach Chamber of Commerce. The award is known as the Moe Zimmerman Memorial Award. The award recognized Raanan for his outstanding efforts toward the betterment of the community.

Raanan Katz - Moe Zimmerman Memorial Award for Outstanding Efforts Toward the Betterment of the Community

Raanan Katz Profile Image

For more History on Raanan Katz and News check out www.rkcenters.com

Thursday, January 23, 2014

Raanan Katz reachinng the finish line on another redevelopment in Pembroke MA

Project takes another step forward in Pembroke

Posted Jan 10, 2014 @ 12:21 PM

Pembroke residents are a little closer to being able to enjoy the Taco Bell and Panera Bread that will be constructed on Route 139.

Ken Fries, the spokesman for RK Centers, the project’s developer, said at this point the company has received approval from the Pembroke Zoning Board and been given the revisions by the town’s planning board.

Next Monday (Jan. 13) the developer will meet with the planning board once again and will demonstrate how they have made the revisions requested by planning board members. Fries said hopefully the team will get full approval from the planning board on Monday, but he can’t say for sure.

“They asked us to look at our circulation (how cars will travel through the property),” he said. “But in correcting any problems, another one might pop up.”

Fries said if the planning board does approve the project, then the developer will next go to the Pembroke Building Inspector for approval of a design. According to Fries, the design is finished for the most part, but could need to be adjusted depending on what happens with the planning board.

“The plans are done to a certain point, but we can’t have a completed version yet,” he said.

The project, named Pembroke Square, will involve knocking down the existing buildings at the Pembroke Square retail plaza at 155-156 Church St., Pembroke and constructing two separate buildings to house a Taco Bell and Panera Bread. The 99 Restaurant, in the same plaza, will remain in place.

Developer RK Centers purchased the properties soon after buying the Stop & Shop across the street late last year.l

RK Centers, which has more than 30 properties in Florida and New England, already has plans drawn up for the buildings to fit specifications for those restaurants. Fries said the Panera Bread building will be 4,100 square feet and the Taco Bell building will be about 2,000 square feet.

In addition, a Rockland Trust Bank ATM will be placed between the two buildings.

Fries said going to the building inspector and the planning board at the same time isn’t an option because if the planning board asks for something to be changed then the plans would have to be remade and the building inspector would have to start from square one.

“We have to be respectful of the building inspector’s time,” he said.

Fries said if the building inspector approves the project design, and permits are issued, than construction can begin. He said the project is still scheduled to start construction in the spring.

Monday, May 20, 2013

Guitar Center - @ RK Centers - Raanan Katz (RK Queen Plaza) GRAND OPENING

Raanan Katz - RK Queen Plaza - New Tenant - Guitar Wall

Last week @ RK Queen Plaza in Southington, CT. Guitar Center kicked off its new store opening with an exciting grand opening. The parking lot had a white tent, the sidewalk had performers playing live music, and the store welcomed its new customers of the Southington area.

Raanan Katz - RK Centers - RK Queen Plaza - Guitar Center Grand Opening

Raaan Katz - Finishing Touches on New Guitar Center Southington

Thursday, April 4, 2013

(Raanan Katz) RK Centers welcomes Guitar Center to RK Queen Plaza

RK Centers welcomes Guitar Center to RK Queen Plaza

04-01-2013

Press Release

RK Queen Plaza is a 172,000 SF shopping center located in Southington, CT. Co-tenants include T.J. Maxx, Bed Bath & Beyond, Dollar Tree, and Bob's Discount Furniture.

Southington, CT (April 1, 2013)– RK Centers (www.rkcenters.com) and Guitar Center are excited to announce the construction of a new Guitar Center store at RK Queen Plaza in Southington, CT. The 11,000 square foot new store’s location provides local music students and the surrounding community access to Guitar Center’s vast product selection, specialty instruments and unbeatable prices. Located at 825-875 Queen Street (Route 10), Guitar Center Southington is scheduled to open late Spring 2013 with an official Grand Opening day of music-centered activities open to the public (details to be announced).

“We are excited to welcome Guitar Center to RK Queen Plaza and eagerly anticipate this great tenant opening their doors” said Ken Fries of RK Centers. At RK Queen Plaza, Guitar Center will join other national retailers such as Bed Bath and Beyond, TJ Maxx, Payless Shoes, Radio Shack, and Supercuts in addition to many others. For Leasing information, contact Ken Fries or Andrew Fisch at 781-320-0001 or leasing@rkcenters.com

RK Centers (formerly known as R.K. Associates) is a privately held, family-owned real estate development company which currently owns over 6,000,000 square feet of retail space and 100,000 square feet of office space. With a stable business model utilizing a minimal amount of leverage, we are poised to acquire additional properties as we continue to grow our portfolio. Our company typically closes on acquisitions in less than 30 days with its own funds; thereby eliminating the need to obtain financing. With over thirty years of experience in real estate, RK Centers has a proven track record of success with tenants, customers and the communities in which we operate. All of RK Centers' leasing and management is performed in-house by company staff.

The company was founded and is principally owned by Raanan Katz, who entered the real estate development arena in the 1970s. He has guided the company with a steady growth rate which has withstood numerous market cycles. His "hands-on" approach and conservative borrowing practices have resulted in a portfolio of first-class properties with an extremely low debt structure, resulting in RK Centers being one of the more stable shopping center operators in the industry. RK Centers welcomes inquiries from national and regional retailers who are interested in drawing upon our considerable resources for assistance in site selection or other expansion needs. More information on Raanan Katz and RK Centers can be found at www.rkcenters.com.