Walmart-anchored retail sale in Fort Lauderdale marks second deal in a week for Miami Heat co-owner’s firm

Miami Heat co-owner Raanan Katz’s other company, RK Centers, acquired a Walmart-anchored retail center in Fort Lauderdale less than a week after purchasing a shopping center in north Miami-Dade County. The Sunny Isles Beach-based firm paid $28.6 million for the 186,000-square-foot Riverbend Marketplace Walmart Supercenter, at 2500 West Broward Boulevard, to an LLC managed by Steven M Rhodes, records show and property analyst Vizzda confirmed. The deal works out to $154 per square foot. Built in 2016 on a 15.6-acre site, the property anchors the 310,000-square-foot Riverbend Marketplace community center. Walmart has leased the site since November 2015 under a […]

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