An Ohio limited liability company, RCG Huber Heights PM, purchased the Northpark Center, an Old Troy Pike shopping center that includes a Marshalls store, a T-Mobile store, an At Home furniture store, a Dollar Tree and many other outlets.
The 362,514-square-foot center is anchored by Kohl’s and also counts a PetSmart among its tenants.
It is located near the high-traffic Ohio 202 entrance/exit ramps with Interstate 70, recent marketing material notes. The retail corridor in that area includes a Target store, Lowe’s, Rave Cinemas, Hobby Lobby and more.
The purchasing company, RCG-Huber Heights PM LLC, was incorporated in Columbus in April.
The LLC is linked to RCG Ventures, an Atlanta-based real estate investment group, that also owns the Beavercreek shopping center at 2500 N. Fairfield Road, as well as the Streets of West Chester, 9435-9455 Civic Center Blvd., West Chester Twp.
The sale price for the Huber Heights property was $31.3 million, with the transaction being dated in Montgomery County records as July 18.
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