News
RCG Purchases Retail Center in Union City, GA
August 2010: RCG is pleased to announce the purchase of Shannon Square located in Union City, GA. The 100,002 square foot shopping center is anchored by Farmers Home Furniture, Dollar Tree and Citi Trends. The center is located directly across the street from a Wal-Mart Supercenter that relocated from Shannon Square in 2005.
For more information on this acquisition, please contact Jim O’Donnell jimo@rcgventures.com 404.816.5454 x.111
View our email blast.
RCG Sells Two Retail Centers in Southeast
July 2010: RCG Ventures is pleased to announce the sale of Northside Plaza located in Henderson, North Carolina (30 miles north of Raleigh). Northside Plaza has a total square footage of 66,658 and anchor tenants include: Food Lion, Dollar General, Citi Trends and Rent-A-Center. The sale closed in July for the amount of $3,737,500.
RCG Ventures also sold the former Circuit City Building located in Kennesaw, Georgia (Atlanta MSA). The building will be occupied by a new LA Fitness. View our Email Blast.
RCG continues to expand its portfolio of 51 properties and over 4 million square feet and plans to acquire an additional $75 Million of well-located value added assets this year.
RCG Purchases Retail Center in Gainesville, GA
June 2010: RCG Ventures is pleased to announce the purchase of Lakeshore Crossing located in Gainesville, Hall County, GA (45 miles north of Atlanta). This 123,948 square foot retail center is anchored by Lowe's Home Improvement. Lakeshore Crossing is co-anchored by Wal-Mart Supercenter and is well positioned in Gainesville's retail hub. Retailers in the immediate market include Target, Lakeshore Mall, Kohl's, Best Buy, Home Depot, Bed Bath & Beyond, Ross, Marshall's, Office Max, Publix and PetSmart among others. RCG continues to expand its portfolio of 51 properties and over 4 million square feet and plans to acquire an additional $75 Million of well-located value added assets this year.
For more information on this acquisition, please contact Parker Blanchard at (404) 816-5454 x 115 or parkerb@rcgventures.com or View our Email Blast.
RCG Welcomes New Employees
June 2010: RCG Ventures is pleased to welcome two new employees, Brandi Abbott and Brittany Stanley. Ms. Abbott joins RCG's Property Accounting team and will oversee accounts payable, cash receipts and other accounting activities involved with the company's growing portfolio of properties. Ms. Stanley joins the RCG team as a Marketing Specialist and will create and update leasing brochures, investment memorandums and other marketing pieces affiliated with RCG's growing portfolio of 51 properties and over 4 million square feet.
RCG Purchases Retail Center in Rocky Mount, NC
May 2010: RCG Ventures is pleased to announce the purchase of Tiffany Square located in Rocky Mount, NC. This 93,000 square foot shopping center is anchored by Ollie's Bargain Outlet and K&W Cafeterias. The center is adjacent to the Golden East Mall, which is home to Sears, JC Penney, Belk, Books-A-Million, Best Buy, Bed Bath & Beyond, and Ross Dress for Less. Other retailers in the immediate market include Wal-Mart Supercenter, Home Depot, Target and Lowe's Home Improvement. RCG continues to expand its portfolio of 49 properties and 4 million square feet and plans to acquire $75 Million of well-located value added assets this year.
For more information on this acquisition, please contact Parker Blanchard at (404) 816-5454 x 115 or parkerb@rcgventures.com
RCG Ventures listed in Top 100 Retail Owners by Retail Traffic Magazine
April 2010: RCG Ventures is pleased to announce their inclusion in the Top 100 Retail Owners by Retail Traffic Magazine.
RCG Purchases Retail Center in Spring, TX
April 2010: RCG Ventures is pleased to announce the purchase of Louetta Central located in Spring, TX. The 180,000 square foot shopping center is adjacent to a Wal-Mart Supercenter and anchored by Kohl's, Michaels and Ross. For more information on this acquisition, please contact Jim O'Donnell at (404) 816-5454 x 11 or jimo@rcgventures.com.
View our email blast.
RCG Welcomes New Employee
March 2010: RCG Ventures is pleased to welcome Sandro Mei. Mr. Mei joins RCG's Property Management team and will assist in the management of the company's Mid-Atlantic properties.
Northway Plaza Sold!
November 2009: RCG Ventures is pleased to announce the sale of Northway Plaza located in Columbia, SC. The 79,413 square foot shopping center is anchored by Food Lion, Family Dollar and CitiTrends. Tim Giambrone of Marcus & Millichap's Atlanta office represented RCG in this transaction. The buyer assumed the existing financing. For more information: View our Email Blast.
RCG Purchases Three Retail Centers
October 2009: RCG Ventures recently purchased three retail centers in the Southeast. Hampton Plaza, located in Clarksville, TN is a 213,164 SF shopping center anchored by Kohl's, HH Gregg, Hancock Fabrics and Books-A-Million. The center was purchased from a private REIT at an undisclosed price. RCG Ventures also purchased Talladega Center, located in Talladega, AL and consists of 43,834 SF and was previously anchored by Kroger. The center was purchased from Cincinnati-based Kroger Co. at an undisclosed price. In addition, RCG closed on Laurens Plaza, a former Wal-Mart consisting of 103,000 SF. The center was purchased from a private real estate company at an undisclosed price. In-house negotiations for RCG were handled by Jim O'Donnell and Parker Blanchard. Read more...
RCG Featured in SCB!
October 2009: RCG Ventures is featured in the October 2009 issue of Shopping Center Business.
RCG Continues to Grow
October 2009: RCG continues to grow in a slow economy. Read more...
RCG Profiled in Dealmakers
March 2009: In December 2008's issue of The Dealmakers, RCG was profiled in an article. Read more...
3060 Peachtree Road Suite 400 Atlanta, Ga 30305
t. 404/816.5454 f. 404/816.5445
email: info@rcgventures.com