St. Joseph, Mo. and Mobile and Huntsville, Ala. — RCG Ventures Fund III has acquired three retail properties located in Missouri and Alabama.
Acquisitions include Hillcrest Plaza, a 118,763-square-foot shopping center anchored by Office Depot, Jo-Ann Fabrics and MC Sports in St. Joseph, Missouri; Rite-Aid Shopping Center, a 21,000-square-foot shopping center located in Mobile, Alabama; and an additional anchor space in the already owned Madison Plaza Shopping Center, located five miles from downtown Huntsville, Alabama.
Drew Quinn of Colliers represented the seller in the Hillcrest Plaza transaction, and Jeff Miller represented RCG in-house. Jason Schwartz of Syndicated Equities represented the seller in the Rite-Aid Shopping Center transaction, and Scott Tarbet represented RCG in-house. David Neuman of Urban Retail represented the seller in the Madison Plaza anchor acquisition, and Scott Tarbet represented RCG in-house.