RCG Ventures Acquires Beavercreek Shopping Center In Ohio For $36 Million

The property asset involved in this transaction is a retail center located at 2500 North Fairfield Road, Beavercreek, OH. RCG Ventures has acquired the asset for $36,000,000, which spans a total area of 278,000 square feet, translating to a price per square foot of $129. The Beavercreek Shopping Center is a fully leased retail hub that features major brands such as LA Fitness, PetSmart, and REI, strategically positioned across from The Mall at Fairfield Commons, a key retail corridor in the region.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $36,000,000
• Square Footage: 278,000 SF
• Price per Square Foot: $129
• Buyer: RCG Ventures
• Market: Beavercreek, OH

RCG Ventures has notably expanded its portfolio in Ohio with this acquisition, enhancing its presence in the retail market. The shopping center is anchored by well-known retail brands, contributing to its appeal and tenant stability in a bustling commercial area.