RCG Ventures Acquires Industrial Asset In West Chester From AR Global For $21.3M

RCG Ventures acquired a retail center located at 9435 Civic Centre Boulevard in West Chester, OH. The property encompasses 237,000 square feet across 47 acres and was purchased for $21,300,000, marking a significant reduction from its previous sale price of $35.7 million in 2014. The asset is strategically positioned off I-75 and features key tenants such as Topgolf and AMC, catering to a dense, affluent suburban market.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $21,300,000
• Buyer: RCG Ventures
• Seller: AR Global
• Sale Date: 04/29/2025
• Market: West Chester, OH
• Acres: 47
• Square Footage: 237,000 SF
• Price Per Square Foot: $90

In this transaction, RCG Ventures undertook the acquisition of the property from AR Global, illustrating their investment strategy within the retail real estate sector. The deal is indicative of market conditions, reflecting a notable decrease in property valuation since its last sale in 2014.