RCG Acquires Four Centers and Sells Two Centers

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RCG Acquires Four Centers and Sells Two Centers

Acquisition of Sebring Square

RCG Ventures Fund III is pleased to announce the acquisition of Sebring Square located in Sebring, FL.  The 175,937-square foot shopping center is anchored by Winn Dixie, Pet Supermarket and Office Max. Other national and regional tenants in the area include Walmart Supercenter, Lowe’s Home Improvement, The Home Depot, Bed Bath & Beyond, Michael’s, Belk, Marshall’s and Ross. The seller was represented by Frank Meyrath, Jr. of Bull Realty and RCG was represented in-house by Scott Tarbet.

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Acquisition of Walden Woods

RCG Ventures Fund III is pleased to announce the acquisition of Walden Woods, a 72,950-square foot neighborhood shopping center located in Plant City, FL. The center is anchored by Dollar Tree, Aaron’s and Dollar General and features additional national and regional tenants such as Hibbett Sporting Goods, Beef O’Brady’s and Anytime Fitness. The property is adjacent to a Walmart Supercenter and exceptionally well positioned at a major retail intersection in Plant City, FL. The seller was represented by Casey Rosen of CBRE and RCG was represented in-house by Scott Tarbet.

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Acquisition of Cypress Mill Square

RCG Ventures Fund III is pleased to announce the acquisition of Cypress Mill Square, a 260,516-square foot grocery anchored shopping center in Brunswick, GA. This well located community retail center is anchored by Winn Dixie and Big Lots and has a balanced mix of other national, regional and local tenants including Family Dollar, CosmoProf, Jackson Hewitt and others. The center is in proximate location to Lowe’s, Target, Ross, PetSmart, Dick’s Sporting Goods, and Walmart Neighborhood Market, which is currently under construction. The seller was represented by Ryan McArdle of Blanchard & Calhoun and RCG was represented in-house by Scott Tarbet.

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Acquisition of Chapman Square

RCG Ventures Fund III is pleased to announce the acquisition of the Chapman Square Shopping Center in Knoxville, TN. The shopping center is anchored by Kroger, the area’s leading grocer. The center  is in proximate location to national and regional retailers such as Big Lots, Family Dollar, Aaron Rents, Dollar General and Goodwill. The seller was represented by Paul Gaither of CBRE and RCG was represented in-house by Matt Klump.

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Disposition of Pepperell Corners

RCG Ventures Fund II is pleased to announce the sale of Pepperell Corners located in Opelika, AL. The 234,817-square foot shopping center is anchored by Goody’s, Ollie’s Bargain Outlet, Citi Trends and Harvest Thrift. RCG was represented by Drew Fleming and Mark Joines of Cassidy Turley.

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Disposition of Lakeside Plaza

RCG Ventures Fund is pleased to announce the sale of Lakeside Plaza in Waynesville, NC (Asheville MSA). The 66,700-square foot center is anchored by Food Lion and contiguous to Tractor Supply and Haywood County Government Offices. RCG was represented by Joe Montgomery and Tony D’Ambrosio of Colliers International.

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