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Ramco-Gershenson Properties acquires Buttermilk Towne Center for $42M

  • The 278K square foot shopping center in Crescent Springs, KY is anchored by Home Depot, Field & Stream (Dick's), LA Fitness, and Remke Market. The property includes land for the development of up to six outparcels and room to build another 22K square feet of retail space.
  • Ramco-Gershenson Properties Trust (NYSE:RPT) funded the purchase with cash on hand from the recent equity offering. It's RPT's third Cincinnati market acquisition.
  • Source: Press Release
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