{"id":1004199829,"date":"2017-12-08T01:21:13","date_gmt":"2017-12-08T09:21:13","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004199829"},"modified":"2022-12-08T16:49:53","modified_gmt":"2022-12-09T00:49:53","slug":"rcg-ventures-nabs-471-ksf-idaho-retail-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/rcg-ventures-nabs-471-ksf-idaho-retail-center\/","title":{"rendered":"RCG Ventures Nabs 471 KSF Idaho Retail Center"},"content":{"rendered":"<p><em>By Keith Loria<\/em><\/p>\n<div id=\"attachment_1004199830\" style=\"width: 371px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Nampa-Gateway-Center-in-Nampa-Idaho.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004199830\" data-attachment-id=\"1004199830\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/rcg-ventures-nabs-471-ksf-idaho-retail-center\/nampa-gateway-center-in-nampa-idaho\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Nampa-Gateway-Center-in-Nampa-Idaho.jpg\" data-orig-size=\"1295,971\" data-comments-opened=\"0\" 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;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Nampa Gateway Center\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Nampa Gateway Center&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Nampa-Gateway-Center-in-Nampa-Idaho.jpg?w=1024\" class=\"wp-image-1004199830 \" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Nampa-Gateway-Center-in-Nampa-Idaho.jpg\" alt=\"Nampa Gateway Center\" width=\"361\" height=\"271\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Nampa-Gateway-Center-in-Nampa-Idaho.jpg 1295w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Nampa-Gateway-Center-in-Nampa-Idaho.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Nampa-Gateway-Center-in-Nampa-Idaho.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Nampa-Gateway-Center-in-Nampa-Idaho.jpg?resize=1024,768 1024w\" sizes=\"auto, (max-width: 361px) 100vw, 361px\" \/><\/a><p id=\"caption-attachment-1004199830\" class=\"wp-caption-text\">Nampa Gateway Center<\/p><\/div>\n<p>RCG Ventures LLC has received financing to acquire Nampa Gateway Center, a 471,340-square-foot regional retail center in Nampa, Idaho.\u00a0HFF\u00a0secured the financing for the borrower, placing a three-year, fixed-rate loan with two one-year extensions with A10 Capital.<\/p>\n<p><em>\u201cThis transaction is an ideal fit with A10\u2019s lending platform and capabilities,\u201d <\/em>Michael Singh, A10 Capital\u2019s principal and executive vice president, said in a prepared release.<em> \u201cSince the retail center is located in an ideal market in a rapidly-expanding Boise suburb, we recognized its development potential.\u00a0I enjoyed working with Greg (Greg Brown, senior director at HFF) and his team to structure a facility that met RCG\u2019s expectations and ensured an excellent closing experience for all parties.\u201d<\/em><\/p>\n<p>Located at 1206 N. Galleria Drive, Nampa Gateway Center is situated on 78.8 acres along the Interstate 84 Freeway at Garrity Boulevard,\u00a0with a traffic count of roughly\u00a0112,600 vehicles per day.\u00a0<em>\u201cThe acquisition of Nampa Gateway Center provides RCG with an excellent opportunity to acquire a large site and add value to an existing center that sits in the heart of a developing area,\u201d <\/em>Brown said.<\/p>\n<p>The HFF debt placement team included Greg Brown, senior director, Chris Drew, senior managing director and Peter Thompson, associate.<\/p>\n<h2><strong>A Bustling City<\/strong><\/h2>\n<p>The property\u00a0is close by the Idaho Center, a facility that hosts conventions, concerts and sporting events; St. Alphonsus Hospital; and the 9,500-student Western Idaho Expansion Campus.\u00a0 Originally completed in 2007, the property boasts anchor tenants JCPenney, Edwards Theater, CircusTrix, Crunch Fitness and Shoe Carnival.<\/p>\n<p>Last year, RCG Ventures brought on industry veteran <a href=\"https:\/\/www.commercialsearch.com\/news\/mark-worley-joins-rcg-ventures-as-president-coo\/\">Mark Worley<\/a> as its new president and CEO. The company ranks 8th among <em>Atlanta Business Chronicle<\/em>\u2019s Top Retail Owners in Atlanta with more than 1.75 million square feet owned.\u00a0<\/p>\n<p><em>Photo via Google Street View<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nampa Gateway Center is situated on 78.8 acres along Interstate 84 at Garrity Boulevard, with a traffic count of roughly 112,600 vehicles per day. <\/p>\n","protected":false},"author":451,"featured_media":1004199830,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21808,21825,21783,21742,21749,15],"tags":[34028,32792,38545],"class_list":["post-1004199829","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-featured","category-finance","category-investment","category-latest","category-retail","category-west","tag-a10-capital-llc","tag-hff","tag-rcg-ventures-llc"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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