{"id":1004022758,"date":"2010-08-30T07:43:31","date_gmt":"2010-08-30T15:43:31","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004022758"},"modified":"2022-12-04T12:50:12","modified_gmt":"2022-12-04T20:50:12","slug":"rcg-ventures-purchases-100002-sf-shannon-square-in-atlanta","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/rcg-ventures-purchases-100002-sf-shannon-square-in-atlanta\/","title":{"rendered":"RCG Ventures Purchases 100,002 SF Shannon Square in Atlanta"},"content":{"rendered":"<p>August 30, 2010<br \/>\nBy Allison Landa, News Editor<\/p>\n<p><a class=\"highslide\" href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/08\/Shannon-Square.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004022759\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/rcg-ventures-purchases-100002-sf-shannon-square-in-atlanta\/shannon-square\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/08\/Shannon-Square.jpg\" data-orig-size=\"3600,2400\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Shannon Square\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/08\/Shannon-Square.jpg?w=1024\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/08\/Shannon-Square.jpg\" alt=\"\" title=\"Shannon Square\" width=\"300\" height=\"200\" class=\"alignright size-medium wp-image-1004022759\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/08\/Shannon-Square.jpg 3600w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/08\/Shannon-Square.jpg?resize=300,200 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/08\/Shannon-Square.jpg?resize=768,512 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/08\/Shannon-Square.jpg?resize=1024,683 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/08\/Shannon-Square.jpg?resize=1536,1024 1536w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/08\/Shannon-Square.jpg?resize=2048,1365 2048w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/08\/Shannon-Square.jpg?resize=150,100 150w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/08\/Shannon-Square.jpg?resize=696,464 696w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/08\/Shannon-Square.jpg?resize=1068,712 1068w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/08\/Shannon-Square.jpg?resize=1920,1280 1920w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/08\/Shannon-Square.jpg?resize=630,420 630w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>Jones Lang LaSalle has brokered the sale of Atlanta\u2019s Shannon Square on behalf of Developers Diversified Realty Corp. Investment firm RCG Ventures purchased the 100,002-square-foot property, which is anchored by Citi Trends, Dollar Tree and Farmer\u2019s Home Furniture.<\/p>\n<p>Located along Jonesboro Road and Highway 138, Shannon Square sits seven miles south of Hartsfield-Jackson Atlanta Airport.<\/p>\n<p>According to Jones Lang LaSalle managing director Kris Cooper, who helped lead the firm\u2019s retail investment sales team on the transaction, the sale is indicative of recovery in Atlanta\u2019s retail investment sales market.<\/p>\n<p>Others might argue with Cooper, however. With retail vacancy rates near historic highs, the Atlanta market may have a long way to go before recovery is complete or even substantial. According to the Bureau of Labor Statistics, the local job market is also struggling, with a mere 12,700 jobs created in the first half of this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Located along Jonesboro Road and Highway 138, Shannon Square sits seven miles south of Hartsfield-Jackson Atlanta Airport.<\/p>\n","protected":false},"author":936,"featured_media":1004022759,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,21749],"tags":[],"class_list":["post-1004022758","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-retail"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>RCG Ventures Purchases 100,002 SF Shannon Square in Atlanta - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/rcg-ventures-purchases-100002-sf-shannon-square-in-atlanta\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RCG Ventures Purchases 100,002 SF Shannon Square in Atlanta\" \/>\n<meta property=\"og:description\" content=\"Located along Jonesboro Road and Highway 138, Shannon Square sits seven miles south of Hartsfield-Jackson Atlanta Airport.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/rcg-ventures-purchases-100002-sf-shannon-square-in-atlanta\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2010-08-30T15:43:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-04T20:50:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/08\/Shannon-Square.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"3600\" \/>\n\t<meta property=\"og:image:height\" content=\"2400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Allison Landa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rcg-ventures-purchases-100002-sf-shannon-square-in-atlanta\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rcg-ventures-purchases-100002-sf-shannon-square-in-atlanta\\\/\"},\"author\":{\"name\":\"Allison Landa\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/0eb45390ae3124c14a919b7ec7bd2249\"},\"headline\":\"RCG Ventures Purchases 100,002 SF Shannon Square in Atlanta\",\"datePublished\":\"2010-08-30T15:43:31+00:00\",\"dateModified\":\"2022-12-04T20:50:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rcg-ventures-purchases-100002-sf-shannon-square-in-atlanta\\\/\"},\"wordCount\":161,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rcg-ventures-purchases-100002-sf-shannon-square-in-atlanta\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2010\\\/08\\\/Shannon-Square.jpg\",\"articleSection\":[\"News\",\"Retail\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rcg-ventures-purchases-100002-sf-shannon-square-in-atlanta\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rcg-ventures-purchases-100002-sf-shannon-square-in-atlanta\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rcg-ventures-purchases-100002-sf-shannon-square-in-atlanta\\\/\",\"name\":\"RCG Ventures Purchases 100,002 SF Shannon Square in Atlanta - 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