RCG Ventures Acquires Jefferson Commons Shopping Center In Louisville For $37.6 Million

RCG Ventures acquired a retail asset located at 4901 Outer Loop in Louisville, KY. The shopping center spans 126,000 square feet and was sold for $37,600,000, which translates to a price per square foot of $298.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $37,600,000
• Buyer: RCG Ventures
• Seller: Anchor Associates
• Square Footage: 126,000
• Price per Square Foot: $298
• Market: Louisville, KY

This transaction contributes to RCG Ventures' extensive portfolio, which consists of 190 properties nationwide. The deal occurs amidst growing development in the area, including a nearby $44.5 million apartment project close to Jefferson Mall.