RCG Ventures is pleased to announce the acquisition of Sparks Crossing in Sparks (Reno MSA), Nevada.   The  335,981 SF shopping center   features a strong lineup of national  tenants including Ross, Bed Bath & Beyond, Cost  Plus World Market, Best Buy, Michaels, PetSmart,  Ulta, and Dollar Tree.  The center is located at the intersection of  Pyramid Way and Los Altos Parkway (55,000  VPD), the dominant retail node of northeast Reno.  It is also located in close proximity to Walmart Supercenter, Costco, Home Depot, and many  other national retailers.

The $40.2 Million acquisition continues Fund V's campaign to acquire $250 Million of value-add shopping centers in the Western Region of the United States.

The Seller was represented by Peter Bethea and Rob Ippolito   of Newmark Grubb Knight Frank.
For all shopping center opportunities in the Western Region please contact Scott Tarbet at  scott@rcgventures.com  or 310.870.7120 .
Acquisition Contacts
Scott Tarbet
Western Region
Matt Klump
Mid-Atlantic Region
Nicole Horne
Southern Region
Jeff Miller
Central Region
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97 Shopping Centers

23 States Nationwide 
11.3 Million Square Feet

RCG - Headquarters
3060 Peachtree Road NW, Suite 400
Atlanta, GA 30305
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2029 Century Park East, Suite 2970
Los Angeles, CA 90067