RCG Ventures Acquires Tucker Meridian Shopping Center From Ben F. Kushner Company in Colliers-Brokered Sale

TUCKER, Ga. — RCG Ventures has acquired Tucker Meridian Shopping Center, a 207,000-square-foot grocery-anchored community center at 4310 Lavista Road in Tucker, Georgia, from Ben F. Kushner Company, Colliers announced Oct. 21, 2026. Colliers described the deal as one of the largest retail investment transactions completed in DeKalb County in recent years.

Colliers Vice President Henry Kushner and Senior Vice President Joe Montgomery represented Ben F. Kushner Company in the sale to RCG Ventures, the firm said.

Tucker Meridian Shopping Center Sale Details

Tucker Meridian was built in 2017 and comprises four buildings on about 20.89 acres. Colliers' property listing puts the center at 207,821 square feet; the firm's announcement rounds the figure to 207,000 square feet. The property was approximately 98.7% occupied at the time of sale.

The center is anchored by Sprouts Farmers Market, Dick's Sporting Goods, Hobby Lobby, Ross Dress for Less and DSW. Anchor and junior-anchor tenants account for approximately 83% of the center's gross leasable area. Colliers said the center's mix of grocery, discount retail, sporting goods, home décor and service-oriented tenants has helped establish it as a dominant retail destination within its submarket.

A $28.7 million loan that Ben F. Kushner Company obtained from Seacoast National Bank in 2025 is scheduled to mature in July 2029.

Location and Trade Area Profile

The property sits at the signalized intersection of Lavista Road and Northlake Parkway, immediately adjacent to Interstate 285. The two primary roadways carry approximately 43,400 vehicles per day, while I-285 carries more than 203,000 vehicles per day.

The center is about 15 minutes from Downtown Atlanta and has direct access to I-285, US-78 and Interstate 85. It draws shoppers from Tucker, Decatur, Stone Mountain, Lilburn, Embry Hills and surrounding communities.

The trade area includes nearly 290,000 residents within a five-mile radius, and average household income exceeds $131,000 within three miles. Placer.ai data cited in the offering materials shows the center recorded approximately 2.5 million visits in 2025.

Comments From Colliers and Ben F. Kushner Company

"Tucker Meridian represented a rare opportunity to acquire an institutional-quality retail asset in metro Atlanta, and the market responded accordingly," said Henry Kushner. "The offering drew a deep pool of qualified investors, driven by the property's infill location, favorable demographic trends, 2017 construction and a best-in-class tenant roster anchored by some of the nation's leading retailers. RCG's acquisition underscores continued investor conviction in well-located, necessity-based retail across the Southeast, and we were pleased to guide the transaction through to a successful close."

Ben Kushner said the center "has been an important part of our portfolio and a cornerstone retail destination for the community." He added: "We are proud of the property's performance and the quality tenant mix established over the years. We appreciate the partnership and professionalism of the Colliers team in executing a successful transaction and wish RCG Ventures continued success with the asset."

Atlanta Retail Market Context

The sale comes as Atlanta's retail fundamentals remain tight. Metro Atlanta retail vacancy stood at 4.5% in the third quarter of 2026, 20 basis points higher than a year earlier. The market absorbed 336,000 square feet in the third quarter, compared with negative absorption of 455,000 square feet in the same period of 2025. Average asking rent reached $24.56 per square foot, up 2.9% year over year.

Investors continued to favor grocery-anchored and suburban retail assets, while new construction remained measured. Atlanta retail capitalization rates were roughly 7.1% to 7.2% in 2026. Average pricing ranged from $206.10 to $242 per square foot depending on the market source and asset set: Partners Real Estate reported average pricing up 1.9% to $206.10 per square foot with the average cap rate compressing to 7.1% from 7.4% a year earlier, while Matthews reported a metrowide average of $242 per square foot and a 7.16% average cap rate.

Sources

Colliers, "Colliers Brokers Significant Sale of Class-A Tucker Meridian Shopping Center in Metro Atlanta, GA": https://www.colliers.com/en/news/atlanta/henry-kushner-tucker-meridian