Mark Worley Joins RCG Ventures as President, COO

By Alexandra Pacurar, Associate Editor

Mark Worley-President & COO of RCG Ventures

Atlanta—RCG Ventures LLC, a real estate investment group focused on acquiring and repositioning value-add anchored shopping centers in secondary and tertiary markets, has named a new president & COO. Mark Worley joined the Atlanta-based company after running Brixmor Property Group’s South Office.

Worley has 25 years of experience in the business, with a focus on leasing and redevelopment. “The company is the leading firm in commercial real estate services and has a well-established strategy to strengthen its market position. I look forward to working with my fellow colleagues to help the company continue its success and value creation”, said Mark Worley, RCG Ventures’ new President & COO.

At Brixmor, Worley oversaw approximately 29 million square feet of community and neighborhood shopping centers in the Southeast. Previously, he was senior VP of New Plan Excel Realty Trust Inc.—a predecessor of Brixmor Property Group—for the Southeast Region. For most of his vast career, RGC’s now president has led an extensive and complex team that included leasing, property management, legal, construction and accounting.

“Mark’s passion for the industry, strategic vision and deep client relationships will strengthen our operation and take us to the next level,” Michael McMillen, RCG’s CEO, said in a prepared statement.

During the 13 years since its inception, RCG Ventures, an affiliate of Argonne Capital Group, has acquired 149 assets which translate into $1 billion of invested capital. Currently, the investment group owns 90 properties in 20 states. The real estate platform plans to add $250 million worth of assets to its portfolio in the near future.

Image courtesy of RCG Ventures