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RK Centers Buys Marlborough Retail Property For $21.1M

Jun 8, 2015 | Reprints | Unlock Link | Print

Kimco Realty Corp. has sold the Shops at the Pond shopping center in Marlborough to Dedham-based RK Centers for $21.1 million.

The 104,125-square-foot center across from the Solomon Pond Mall is 100-percent leased to national retail tenants including DWS, Best Buy and EMS, along with Pure Hockey’s flagship store. Kimco acquired the property in 2004 for $26.4 million.

CBRE’s Chris Angelone, Bill Moylan and Nat Heald represented the seller and procured the buyer.

Commercial & Industrial