RCG Ventures Acquires Three Shopping Centers

by Katie Sloan

Atlanta — Atlanta-based RCG Ventures Fund III has acquired three shopping centers located in Alabama, New York and Missouri.

Properties include Riverchase Promenade, a 170,403-square-foot retail center located in Birmingham; Pine Plaza, an 83,273-square-foot retail center located in Niagara Falls; and Shop ‘n Save Center, a 118,080-square-foot retail center located in Ellisville, just west of St. Louis. Mark Hillis and Whitney Knoll of Newmark Grubb Knight Frank represented the seller of Riverchase Promenade, and Scott Tarbet represented RCG in-house; Susan Bands and Sharon Bands of Marcus & Millichap represented the seller of Pine Plaza, and Jeff Miller represented RCG in-house; and Chase Young of CBRE represented the seller of Shop ‘n Save Center, and Jeff Miller represented RCG in-house in the three separate transactions. 

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