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RCG Ventures Announces the Final Close of $1.8 Billion Multi-Tenant Retail Portfolio Acquisition from Global Net Lease

1. RCG Ventures closed a $1.8 billion portfolio acquisition from GNL. 2. The new properties total over 14 million square feet across 28 states. 3. This transaction expands RCG's portfolio to over 130 retail properties. 4. RCG emphasizes resilience and long-term potential in multi-tenant retail. 5. GNL focuses on managing income-producing net lease assets globally.

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Why Bullish?

The acquisition signifies strong demand for GNL's properties, potentially increasing stock valuation. Historical similar transactions have seen positive market reactions, resulting in stock price increases.

How important is it?

The acquisition shows a strong demand for GNL's assets, likely enhancing its market positioning. This reflects positively on GNL's operational strategy in real estate investment.

Why Long Term?

The sustained growth in RCG's portfolio indicates long-term confidence in retail properties, suggesting market stability. Companies that maintain long-term strategies typically see gradual price appreciation over time.

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RCGNLYOVERADT
Final Close More Than Doubles RCG's Footprint, Expanding Portfolio to More Than 130 Retail Properties Transaction Received Support from Ares Management, Koch Real Estate Investments and Other Institutional Equity Partners , /PRNewswire/ -- RCG Ventures, LLC ("RCG" or the "Firm"), the vertically-integrated retail real estate investment arm of Argonne Capital Group ("Argonne Capital") that specializes in the acquisition, development, leasing, management and financing of multi-tenant real estate assets, today announced the final close of a $1.8 billion multi-tenant retail portfolio consisting of 99 properties (the "Portfolio") from Global Net Lease, Inc. ("GNL"). The portfolio represents more than 14 million square feet across 28 states and brings RCG's total portfolio to more than 130 retail properties across the U.S. "We are pleased to have successfully completed this transformative transaction with the continued support of our dedicated institutional partners," said Michael A. Klump, Founder and Chairman of RCG Ventures and Argonne Capital. "This transaction expands our portfolio of shopping centers across the U.S., and further underscores our strong conviction in the resilience and long-term potential of multi-tenant retail. By combining the expertise of our in-house property management and leasing teams with our decades of retail investing experience, we are confident in our ability to successfully execute our strategy for these well-located properties." With the completion of this transaction, RCG has deployed approximately $3.4 billion across a portfolio of 282 properties, representing 36.2 million square feet across 34 states, since inception in 2003. This continued growth reflects the firm's disciplined investment approach and long-standing commitment to the multi-tenant retail sector. For more than two decades, RCG has focused on acquiring shopping centers anchored by leading national retailers in high-growth markets.  Truist Securities, Inc. served as a financial advisor to RCG Ventures and, along with KeyBank Institutional Real Estate, provided committed financing for the transaction. McGuireWoods LLP provided legal counsel to RCG Ventures in respect to the real estate acquisition and financing matters and King & Spalding LLP provided legal counsel to RCG Ventures in respect of fund formation and transaction-related matters. Gibson Avenue Capital, LLC also served as an advisor to RCG Ventures. About RCG VenturesRCG Ventures ("RCG") is a vertically-integrated real estate investment firm led by a team of professionals that specialize in the acquisition, development, leasing, management and financing of multi-tenant retail real estate across the U.S. RCG is the retail real estate investment arm of Argonne Capital Group, a privately held investment firm. Since its inception in 2003, RCG has specialized in the ownership of best-in-class shopping centers anchored by national tenants, having acquired approximately $3.4 billion in retail assets spanning 36.2 million square feet across 34 states. For more information on RCG, please visit: https://rcgventures.com/. About Global Net Lease, Inc.Global Net Lease, Inc. (NYSE: GNL) is a publicly traded internally managed real estate investment trust that focuses on acquiring and managing a global portfolio of income producing net lease assets across the U.S., and Western and Northern Europe. Additional information about GNL can be found on its website at www.globalnetlease.com. Contacts For RCG VenturesKate Thompson / Madeline JonesJoele Frank, Wilkinson Brimmer Katcher212-355-4449 For Global Net LeaseInvestor RelationsEmail: [email protected]Phone: (332) 265-2020 SOURCE RCG Ventures, LLC WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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