RCG Ventures Continues Buying Spree; firm acquires 215K SF retail center near New Orleans for $27M from Cypress Equities

  • 12/18/2024

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RCG Ventures has acquired Pinnacle Nord du Lac, a 215,058-square-foot retail center in Covington, La., for $27 million. Cypress Equities sold the property after eight years of ownership, according to CommercialEdge data. JLL represented the former owner and procured the buyer. The transaction came on the heels of another RCG purchase. A few days ago, the firm paid nearly $26 million for a 167,000-square-foot shopping center in Troy, Mich.

Cypress Equities
Jeff Plauché | Managing Director, Asset Managment
RCG Ventures
Mike Sladich | VP, Acquisitions-Central & Northwestern

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