ATLANTA-RCG Ventures has acquired a 100,000-square-foot class Cshopping center called Shannon Square from Beachwood, Ohio-basedDevelopers Diversified Realty Corp. Financial terms of the dealwere undisclosed.

Jones Lang LaSalle managing directors Kris Cooper and MargaretCaldwell, along with associate Christie Hawver, represented theseller. RCG Ventures was not available to comment on the sale ofShannon Square, which is located along Jonesboro Road/Highway 138in Union City, just south of Atlanta’s central businessdistrict.

“This was not a distressed deal,” Cooper tells GlobeSt.com. “Butit’s not a Class A deal, either. This is your run-of-the-mill classC product—not the kind of product that’s been en vogue during thepast couple of years. There’s nothing sexy about the product or itslocation. There’s no big anchor and no grocery story. There’s nosizzle.”