JLL arranges $20.55M sale of fully leased Hilliard Rome Commons 

• JLL Capital Markets arranged the $20.55 million sale of Hilliard Rome Commons, a fully occupied, 106,922-square-foot power center in Hilliard, Ohio

• JLL represented the seller, RCG Ventures, in the transaction with buyer CASTO acquiring the asset

• The property is anchored by a lineup of national retailers and restaurants and is strategically positioned within one of the Columbus region's most established retail corridors

CHICAGO, Oct. 8, 2026 – JLL Capital Markets announced today that it arranged the $20.55 million sale of Hilliard Rome Commons, a 106,922-square-foot power center located at 1710 Hilliard Rome Road in Hilliard, Ohio.

JLL represented the seller, RCG Ventures, LLC, in the transaction. CASTO acquired the asset.

Built in 2002, Hilliard Rome Commons is a 100% occupied retail center anchored by Burlington, HomeGoods, Ulta Beauty, pOpshelf, Buffalo Wild Wings and a separately parceled Bank of America outparcel. The center also features a diverse mix of complementary retailers, restaurants and service providers, creating a daily-needs and discretionary shopping destination for residents throughout the western Columbus metropolitan area. The property's tenancy is supported by long-standing tenant relationships and a history of leasing momentum, reinforcing its position as a dominant retail destination within the market.

Hilliard Rome Commons is situated along Hilliard Rome Road, one of the primary commercial corridors on the west side of the Columbus metropolitan area. The center benefits from exceptional visibility, direct access and proximity to Interstate 70, allowing it to draw consumers from Hilliard, western Columbus, Dublin, Grove City and surrounding communities. The property is surrounded by a concentration of national retailers, grocery stores and complementary commercial uses that contribute to sustained consumer traffic and reinforce the corridor's role as a regional shopping destination.

The asset serves an affluent and growing trade area characterized by strong household incomes, expanding residential development and significant consumer purchasing power. Hilliard has emerged as one of the Columbus region's fastest-growing suburban communities, supported by ongoing housing growth and access to one of the Midwest's most dynamic employment markets. Columbus continues to benefit from a diversified economy anchored by financial services, healthcare, education, logistics, advanced manufacturing and technology employers, supporting long-term retail demand across the region.

The JLL Capital Markets team was led by Managing Director Michael Nieder and Director Brian Page.

"Investors were drawn to the combination of a fully leased center, a nationally recognized tenant lineup and a separately parceled Bank of America outparcel that provides future flexibility for ownership," said Nieder. "That mix of durable cash flow, optionality and a premier retail corridor location made the asset especially compelling."

JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom. 

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500^® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.

RCG Ventures ("RCG") is a vertically-integrated real estate investment firm led by a team of professionals that specialize in the acquisition, development, leasing, management and financing of multi-tenant retail real estate across the U.S. Since its inception in 2003, RCG has specialized in the ownership of best-in-class shopping centers anchored by national tenants, having acquired approximately $3.4 billion in retail assets spanning 36.2 million square feet across 34 states. For more information on RCG, please visit: https://rcgventures.com/.

CASTO, a fully integrated real estate organization since 1926, is a recognized leader in the ownership, management, acquisition and development of multifamily residences, commercial shopping centers and office buildings. CASTO’s growing portfolio currently includes over 6,200 multifamily units and over 26 million square feet of commercial property located throughout the midwestern and southeastern United States. CASTO is headquartered in Columbus, Ohio and serves a variety of clients from five offices in Ohio, Florida and North Carolina. To learn more about CASTO, visit castoinfo.com.