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West Roxbury Shopping Center Fetches $5M

Mar 10, 2015 | Reprints | Unlock Link | Print

Dedham-based RK Centers has purchased a West Roxbury retail center for $5.1 million.

The property at1665-1675 VFW Parkway is comprised of 5.7 acres of land with 28,836 square feet of retail space. Tenants include Pet Supplies Plus, Town Fair Tire and Bank of America.

Ellen Faye of Norwell-based Capital Commercial Real Estate represented the seller, Heather Realty Trust, and procured the buyer.

"This asset is a high visibility retail center located in a busy trade area on Route 1 with tremendous population density near Legacy Place. Interest in the asset was strong due to the tenant roster and location," Faye said in a statement. "Ultimately, it was an ideal acquisition for RK Centers due to its close proximity to RK Centers corporate headquarters, adding to their extensive portfolio of over 7 million square feet of commercial space and shopping centers throughout New England and Florida."

Commercial