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RCG Ventures Acquires Two Shopping Centers

Acquisition of Mays Crossing RCG Ventures Fund II is pleased to announce the purchase of Mays Crossing in Stockbridge (Atlanta), Georgia. The 138,274-SF center is 96% occupied and anchored by Big Lots, Dollar Tree, and Aaron’s Rents. The seller was a Public REIT.       Acquisition of McMinn Plaza RCG Ventures Fund II is pleased to […]

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RCG Ventures Sells Two Tennessee Shopping Centers

Disposition of White Pine Shopping Center RCG Ventures (Pre-Fund) is pleased to announce the sale of a grocery-anchored shopping center in White Pine, Tennessee for $3.53 million to a private investment group.  Located northeast of Knoxville, Tennessee, the 51,400-SF center is 96% occupied and anchored by Food City and Family Dollar.  RCG was represented by Eric Wohl of Hanley Investment Group in the […]

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RCG Sells Shannon Square in Atlanta, GA

RCG Ventures Fund II is pleased to announce the sale of Shannon Square in Atlanta (Union City), Georgia for $8 million to a private equity group.  Located just outside Atlanta off Interstate 85, the 100,000-square-foot shopping center is situated in a densely populated area directly across from a Walmart Supercenter. Shannon Square boasts a 95 percent occupancy […]

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RCG Purchases Crossroads Shopping Center and Sells East Athens Shopping Center

Acquisition of Crossroads Shopping Center RCG Ventures Fund II is pleased to announce the acquisition and redevelopment of Crossroads Shopping Center located in Florence, South Carolina. The 111,619-square-foot shopping center, anchored by CitiTrends, is positioned directly across from Magnolia Mall and adjacent to Crossroads Plaza which includes tenants such as Toys”R”Us and Hamrick’s.  RCG plans to redevelop […]

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RCG Sells Two-Tenant Asset in Spring, TX

RCG Ventures Fund II is pleased to announce the sale of a two-tenant asset in Spring, Texas.  The 45,222-SF property is occupied by Best Buy and Mattress Firm. Situated on 3.42 acres of land, the two-tenant asset is part of the highly trafficked Cypresswood Court which is anchored by Target, Petco, and Staples.  The center is strategically positioned along […]

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RCG Purchases Falls Village Shopping Center in Raleigh, NC

  RCG Ventures Fund II is pleased to announce the acquisition of Falls Village Shopping Center located in Raleigh, North Carolina.  The 193,042-square-foot shopping center was purchased for $21.5 million and is anchored by TJ Maxx, HomeGoods, and Dollar Tree. Located at the intersection of Falls of Neuse and Sandy Forks roads in north Raleigh, the center was originally constructed in […]

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RCG Sells Poyner Place in Raleigh, NC

  RCG Ventures Fund II is pleased to announce the sale of Poyner Place Shopping Center located in Raleigh, North Carolina to DDR Corp. for $45.3 million. The 434,000-square-foot shopping center is anchored by Target, Ross Dress for Less, Toys”R”Us/Babies”R”Us, Old Navy, World Market, Shoe Carnival, and Pier 1. RCG was represented by Alex Quarrier and Rob Carter of Berkeley Capital. More […]

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