RCG ACQUIRES 5 ASSETS IN MINNEAPOLIS – ST. PAUL REGION
Oakdale Village | Oakdale, MNOakdale Village is a 164,502 SF community center located in an affluent submarket of Minneapolis at the intersection of Interstate 94 and Inwood Ave. The property is anchored by Best Buy, Burlington, HomeGoods, Guitar Center, David’s Bridal and also includes Buffalo Wild Wings, Five Guys and a strong mix of national and regional retailers.
Union Crossings | Monticello, MNUnion Crossing is a 70,960 SF regional power center anchored by Marshalls, PetSmart, Office Max and shadow-anchored by Home Depot and Target. The Center includes a multi-tenant outparcel building with a mix of national retailers including Caribou Coffee, Verizon, and Fantastic Sam’s. The Center also includes three (3) outparcels and a developable inline pad.
Savage Crossings | Savage, MNSavage Crossing is a 24,462 SF retail center that includes OfficeMax, GNC, Jimmy John’s and Sports Clips. The property is shadow anchored by Target and in close proximity to Aldi, Fresh Thyme, HyVee and Marshalls. The Center is located along heavily-trafficked Highway 13 and benefits from a strong retail submarket with a low vacancy rate of 1.2%.
County Fair Marketplace | Hutchinson, MNThe Hutchinson, MN asset consists of a vacant 25,281 SF box that is shadow anchored by Target, Aldi, PetSmart, and Ashley HomeStore. County Fair Marketplace is the dominant retail center within the submarket and is in close proximity to Walmart, Menards, Ridgewater College, and Hutchinson Hospital.
Cambridge Retail Center | Cambridge, MNThe Cambridge Property consists of a vacant 14,200 SF junior anchor space that is located within the market dominant Cambridge Retail Center. The space is shadow anchored by Target and Kohl’s and is in close proximity to WalMart, Cub Foods, Aldi, Menards, and Tractor Supply Company.
|RCG was represented in-house by Jeff Miller. The Seller was represented by Janice Sellis, Steve Buss, and Mohsin Mirza of JLL.|
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