RCG Ventures LLC Purchases Retail Asset From Continental Realty Corporation For $25.6 Million In Troy MI

The property asset involved in this transaction is a retail space located at 372 John R Road in Troy, MI. The sale price for this asset was $25,600,000, with a total square footage of 167,000, which results in a price per square foot of $153.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $25,600,000
• Address: 372 John R Road
• Market: Troy, MI
• Square Footage: 167,000
• Price Per Square Foot: $153
• Buyer: RCG Ventures, LLC
• Seller: Continental Realty Corporation
• Brokers: Ben Wineman & Daniel Stern - Mid-America Real Estate Group

Key individuals involved in the deal include the buyer, RCG Ventures, LLC, and the seller, Continental Realty Corporation. The transaction was facilitated by brokers Ben Wineman and Daniel Stern, representing the parties through Mid-America Real Estate Group.