A shopping center developer and investor sees the coronavirus pandemic upend retail real estate and still buys a Best Buy store in suburban Sweetwater for $20.4 million.

RK Centers, founded and led by Miami Heat part-owner Raanan Katz, bought the property from Shops at 107th LLC based in Sunny Isles Beach. The seller is managed by Salomon Hanono, a private equity and import-export professional.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]