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.

Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs