RCG Ventures Acquires Two Shopping Centers in Ohio, Michigan

by Camren Skelton

Bowling Green, Ohio, and Grandville, Mich. — RCG Ventures has acquired Shoppes On South Main in Bowling Green and Grandville Marketplace in Grandville.

The 110,507-square-foot Shoppes On South Main is home to tenants such as TJ Maxx, Planet Fitness, Petco, Staples and Dollar Tree. Craig Fuller, Scott Wiles and Erin Patton of Marcus & Millichap arranged the transaction on behalf of the seller, a public REIT. Grandville Marketplace is a 224,479-square-foot center located seven miles southwest of Grand Rapids. The center houses tenants including Hobby Lobby, Office Max, PetSmart, Cost Plus, Party City and Dollar Tree. Amy Sands and Clinton Mitchell of HFF represented the seller, a public REIT, in the transaction. Jeff Miller of RCG Ventures represented the company internally in both transactions. The sales prices were not disclosed.

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