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

Property Image
SOLD
$21,300,000

Ohio

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Industrial237,000 SF
Sold 04/29/2025
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Property Image
SOLD

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

9435 Civic Centre Boulevard

See Similar Deals
Industrial237,000 SF
Sold 04/29/2025

Summary

OHIO
Asset Type:Industrial
Price Per Square Foot:$89
Total Square Footage:237,000 SF
Transaction Type:Sale

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.

Players

BUYER

Details

SOLD
IMAGE: 04/29/2025 ADDRESS: 9435 Civic Centre Boulevard MARKET: West Chester, OH ASSET TYPE: Industrial ~ ACRES: 47 BUYER: RCG Ventures SELLER: AR Global SALE PRICE: $21,300,000 SF: 237,000 ~ PPSF: $90 NOTE: RCG Ventures acquired the 237,000 SF Streets of West Chester retail center near Cincinnati from AR Global for $21.3M, a sharp drop from its 2014 sale price of $35.7M. Anchored by Topgolf and AMC, the property sits on 47 acres off I-75 and serves a dense, affluent suburban market.

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