Crews working day and night to get the center back up and operating
January 19, 2023 Charlotte, NC – The devastating tornado that swept through Griffin, GA last week left a path of destruction in its wake, including extensive damage to the Spalding Village shopping center. Fortunately, the clean-up process is well underway and near completion, with crews working tirelessly to clean up much of the debris, restore power and water and get the center, partially, operational.
Structural engineers have been to the center to assess the damage and boarded up windows and 24/7 security are now in place to ensure safety throughout the clean-up process.
Additionally, power and water have been turned back on in the areas of the center that did not sustain any damage. Our construction team is working with architects and the City of Griffin to start developing the design rebuild process for the areas of the center most effected.
Tenants that are currently open for business:
Bargain Hunt
Cato
Fat Joe’s Burritos
G&A Braiding
Good City Chinese
GNC
Griffin Jewelers
Ollies
Ross Dress for Less
The Nail Lounge
If you have questions, please contact our Property Manager, Jeff Wright, at (980) 210-1119
After the Tornado: How Big V Property Group is Moving Forward & Starting the Rebuild Process
Charlotte, NC — As a result of the tornado yesterday afternoon that was a direct hit causing significant damage at Spalding Village in Griffin, GA, Big V Property Group is working diligently with local electricians, roofing and construction partners to assess the damage. Multiple tenants have significant roof and window damage along with power outages from downed trees that have been reported throughout the affected area.
We will continue to assess the damage throughout the weekend with our construction partner and start coordinating with our tenants to organize and outline the rebuild process. We want to ensure to our tenants and their employees, that they remain our focus throughout the rebuilding process and to help them secure their business as a result from the storm.
If you have questions, please contact our Property Manager, Jeff Wright, at (980) 210-1119.
About Big V Property Group
Big V Property Group owns and operates 54 neighborhood and community shopping centers totaling over 9.5 million square feet, primarily located in the southern region of the US. Big V Property Group has five offices with major offices in Charlotte, NC, San Antonio, TX, Bristol, TN and Florida, NY. For further information, please visit www.bigv.com.
Celebrating our past and defining our future through a foundation of tradition, integrity, commitment and innovation.
Celebrating an anniversary is a milestone for any company, but an 80th anniversary is a monumental one. In 1942, when William and Viola Rosenberg opened Victory Super Market in Florida, NY, they could have never predicted what would grow from the foundation they laid. A self-service grocery store that innovatively supplied housewares and toys, in addition to the standard grocery offerings, Victory Super Market began drawing in shoppers from an over twenty-mile radius thanks to its pioneering one-stop-shop approach and family-oriented ethos.
In the last 80 years, this humble, yet pioneering, storefront has skyrocketed into a vertically integrated real estate investment and management company that was named the 3rd largest private buyer in 2021. Big V Property Group currently owns and operates 54 open-air retail shopping centers across the Sun Belt region that encompasses more than 9 million SF; it’s no small feat (literally).
Celebrating 8 Decades of Growth, Community, and Legacy
As part of the celebration, the Big V Property Group team, partners and families, came together this past November to commemorate the milestone of the company’s 80th anniversary. In attendance were members of the Rosenberg family, including current President and CEO Jeffrey Rosenberg, former President Richard “Dick” Rosenberg (1972-1992), COO Mike Rosenberg, and CAO Jason Nidiffer.
President Jeffrey Rosenberg recounted that whenever he finds himself in a challenging position, he asks himself, “What would my Grandfather William do? He remains at the heart of Big V and its decision-making even today, as do his time-enduring values of kindness, fairness, honor, and trust.” Striking a thoughtful balance between blazing new trails and preserving the ones already walked upon is a noteworthy element of the company’s continued success.
In its 80 years, Big V Property Group has accomplished something substantial, something that makes a difference— upholding its family-owned beginnings, while welcoming many more into the fold and serving tenants and communities on a grand scale.
Looking Towards Our Future
Building on the same fundamental principles that were set in place over 80 years ago, Big V Property Group has set a vision for the future that will continue to uphold the principles and values that have served so well. The Big V Team remains focused on their tenants, putting them first and enable success by proactively working to find future-focused solutions to any challenge they face. They are just as committed now as William and Viola were 80-years ago.
Taking all that has been learned over the past 80 years, Big V Property Group begin’s 2023 with inspired optimism to continue their path of growth and success for their tenants, investors, team and communities.
Click here to learn more about our 80-year history
Just in time for the holiday season, Big V Property Group, through its #BigVCares Initiative, is excited to be kicking off its pajamas drive for Promise Pajamas! Promise Pajamas is a Charlotte based organization with a mission to provide warm, new pajamas to homeless or underprivileged children.
Through December 2nd, we are collecting new pajamas for children ages 2 through 14. All sizes are needed, especially sizes 8 through adult.
Pajamas can be dropped off at our Charlotte office at 5821 Fairview Road, Suite 302.
You can also donate through:
Purchasing Pajamas Through Their Target Gift Registry
Shopping through Amazon Smile
https://smile.amazon.com/ch/82-4484033
Together we can make a difference, one pair of pajamas at a time!
Want to learn more about Promis Pajamas? Visit their website https://www.promisepajamas.org/
Texas footprint grows to over 3.5M square feet
Big V Property Group along with their partner Equity Street Capital, is pleased to announce their newest acquisition, Southpark Meadows I & II in Austin, Texas, one of the fastest growing markets in the country. Southpark Meadows is one of the area’s largest shopping centers with 938,103 SF ideally located off of I-35, Austin’s primary thoroughfare with anchor tenants including Walmart, JC Penny, Target, and Hobby Lobby.
“We are very excited to be entering the Austin market with such a premium asset,” said Jeffrey Rosenberg, President and CEO. “We have some great plans for Southpark Meadows, and we are looking forward to working with the Austin area officials on improving and upgrading the center. This is the fifth acquisition purchased from Blackstone; building trust and partnerships with key property owners in retail is very important to our continued growth.”
Big V Property Group is planning extensive capital improvement over the next few years for Southpark Meadows including a new playground/activation area, LED lighting installation, painting, parking lot upgrades, sanitation/sewer upgrades, a security office, landscaping improvements and more.
“Our team is committed to enhancing the overall shopping experience at Southpark Meadows through significant capital improvements,” said Scott Cozzali, Vice-President of Construction. “In addition to many exterior improvements, we are especially excited about the development of a new outdoor playground area that can serve the entire community.”
Austin has seen immense growth with a 92% population increase since 2020 in the 3-mile radius around Southpark Meadows. Dubbed “Silicon Hills”, Austin’s economy is a the forefront of innovation and expansion home to many leading technology companies such as Oracle, Facebook, Google, Dropbox and Expedia. In 2021 Tesla announced the move of their Headquarters to Austin and the building of their $1B Gigafactory in southeast Austin. As the technology industry continues to grow, Austin is positioned to experience even more in-migration and corporate relocations.
Tremendous demographic growth, an ideal location and a strong tenant mix including Walmart, Target (shadow), Hobby Lobby, Rooms to Go, Marshall’s, JC Penny, PetSmart, Ulta, JoAnns, Southpark Meadows and has drawn an estimated 8.64 million visitors* in 2021 making it the most visited Shop and Service Center in the United States. (*Visitor frequency is based on placer.ai technology)
Southpark Meadows is the fifth Texas property for Big V Property Group and the second largest in its portfolio. Financing was provided by a Life Insurance Company and Clarion Partners Real Estate Income Fund.
About Big V Property Group
Big V Property Group owns and operates 57 neighborhood and community shopping centers totaling over 9.5 million square feet, primarily located in the southern region of the US. Big V Property Group has five offices with major offices in Charlotte, NC, San Antonio, TX, Bristol, TN and Florida, NY. For further information, please visit www.bigv.com.
About Equity Street Capital
Equity Street Capital (ESC) is a San Diego based commercial investment firm focused on achieving attractive risk-adjusted returns while maximizing long-term capital appreciation. Equity Street Capital was founded by Than Merrill and Paul Esajian, real estate investors and entrepreneurs who are also renowned for their real estate investment education company and residential investment firm. For further information please visit www.equitystreetcapital.com.
For Acquisitions & Investment information
Ryan Fabbri
rfabbri@bigv.com
(423) 534-4603
For Leasing information
Greg Ix
gix@bigv.com
(980) 475-2049
Purchase marks Big V Property Group’s fifth asset in Georgia
Big V Property Group along with their partner Equity Street Capital, is pleased to announce their newest acquisition, Glynn Isles in Brunswick, Georgia. Glynn Isles is a 193,039 SF power center featuring a strong lineup of best-in-category tenants and shadow anchored by Target and Lowe’s.
“We are excited to expand our presence in the Southeast, and specifically Georgia, said Jeffrey Rosenberg, President and CEO. “Glynn Isles is a best-in-class center, and I’m pleased to have this quality center join our portfolio.”
Located in coastal Georgia, Glynn Isles is the primary retail destination for both local residents and the abundant tourism from the Golden Isles area including St. Simons Island, Sea Island and Jekyll Island. Glynn Isles is the most visited shopping center within a 50-mile radius drawing more than 4.5 million annual visitors.
Since its opening in 2007, Glynn Isles has averaged over 98% occupancy with 10 of the current tenants original to the property. Glynn Isles fills a massive retail void in the area being a dominant shopping destination in coastal Georgia for all of its tenants. Many of its anchor tenants including Target, Dick’s Sporting Goods, PetSmart, Ross Dress for Less, Michaels, Ulta and Old Navy do not have another location within 50+ miles.
Glynn Isles offers the rare combination of a seasoned tenant roster, value-add opportunities and a super-regional retail node location. This is the fifth property for Big V Property group in Georgia.
About Big V Property Group
Big V Property Group owns and operates 57 neighborhood and community shopping centers totaling over 9.5 million square feet, primarily located in the southern region of the US. Big V Property Group has five offices with major offices in Charlotte, NC, San Antonio, TX, Bristol, TN and Florida, NY. For further information, please visit www.bigv.com.
About Equity Street Capital
Equity Street Capital (ESC) is a San Diego based commercial investment firm focused on achieving attractive risk-adjusted returns while maximizing long-term capital appreciation. Equity Street Capital was founded by Than Merrill and Paul Esajian, real estate investors and entrepreneurs who are also renowned for their real estate investment education company and residential investment firm. For further information please visit www.equitystreetcapital.com.
For Acquisitions & Investment information, please contact
Ryan Fabbri
rfabbri@jzackbigv-com
(423) 534-4603
For Leasing information, please contact
Greg Ix
gix@jzackbigv-com(980) 475-2049
Purchase marks Big V Property Group’s first asset in Arizona
Big V Property Group, along with their partner Equity Street Capital, is pleased to announce their newest acquisition, Lake Pleasant Pavilion in Peoria, Arizona. Lake Pleasant Pavilion is a 178,403 square foot destination shopping center ideally located at Peoria’s “Four Corners” just outside of Phoenix. This will be the first property in Arizona for Big V Property Group.
“The Arizona market is a target market for Big V, and this represents our first acquisition in the Phoenix area. We look forward to expanding our presence in this dynamic growth market,” said Jeffrey Rosenberg, CEO.
Located at the intersection referred to as Peoria’s ‘Four Corners’, Lake Pleasant Pavilion is in an ideal location surrounded by nearly every facet of retail including Home Depot, Kohl’s, Lowe’s and shadow-anchored by Super Target. The property benefits from attractive demographics with a population of 157,547 earning an average household income of $109,860 within a 5-mile radius.
Approximately 88% of the tenants at Lake Pleasant Pavilion are national tenants including Marshalls, Bed Bath & Beyond, Downeast Home & Clothing, BevMo!, Tilly’s, Kirkland’s, Anytime Fitness, McDonald’s, Starbucks, and more.
About Big V Property Group
Big V Property Group owns and operates 55 neighborhood and community shopping centers totaling over 9 million square feet, primarily located in the southern region of the US. Big V Property Group has five offices with major offices in Charlotte, NC, San Antonio, TX, Bristol, TN and Florida, NY. For further information, please visit www.bigv.com.
About Equity Street Capital
Equity Street Capital (ESC) is a San Diego based commercial investment firm focused on achieving attractive risk-adjusted returns while maximizing long-term capital appreciation. Equity Street Capital was founded by Than Merrill and Paul Esajian, real estate investors and entrepreneurs who are also renowned for their real estate investment education company and residential investment firm. For further information please visit www.equitystreetcapital.com
For Acquisitions & Investment information, please contact
Ryan Fabbri
rfabbri@bigv.com
(423) 534-4603
For Leasing information, please contact
Greg Ix
gix@bigv.com
(980) 475-2049
Big V Property Group President & CEO, Jeff Rosenberg has recently interviewed Stratton Magazine following the purchase of Stratton Village. The article was originally published in the Summer Edition of Stratton Magazine on Page 96. Click here for the original publication.
Big V Property Group, along with their partner Equity Street Capital, recently announced the acquisition of three iconic retail ski villages, including The Village at Stratton, The Village at Snowshoe in West Virginia, and The Village at Copper Mountain in Colorado. This launches Big V Property Group into the prestigious resort destination market. All three properties offer an exciting new category of retail for Big V Property Group, which owns and operates 54 neighborhood and community shopping centers totaling over 9 million square feet, primarily located in the southern region of the US.
Joshua Sherman, CEO of Old Mill Road Media and publisher of Stratton Magazine, recently connected with Stratton resident Jeffrey Rosenberg, President and CEO of Big V Property Group.
Sherman: How and when did you discover Stratton?
Rosenberg: I’ve always loved the outdoors, and I enjoyed going to Vermont to ski when I was in my teens, but I stopped during college.
In February 2013, when my two youngest were 4 and 5 years old, we held a family get together at Stratton, and we had an amazing time as a family on the mountain. We all enjoyed being outdoors and just spending time together. After that trip, my wife and I decided that this would be a fun family getaway spot and decided to purchase a unit in Stylesbrook. Several years later, we purchased a unit in Solstice, where we currently reside.
We started coming to Stratton every weekend and the kids joined the ski programs and started to learn to ski.
We spent a significant amount of time in The Village, shopping and eating meals at the establishments. I always thought that there were many things that could be done to improve the customer experience.
Sherman: What do you love about Stratton?
Rosenberg: For me and my family, Stratton has become our home away from home. We have developed friendships that have gone beyond just meeting at Stratton.
The Village helped with that experience by giving us a unique area to shop and dine. The kids often go to the village on their own to pick up candy or a snack. We are confident that they are safe and secure.
Sherman: Why did you choose to purchase The Village at Stratton, and what are some of your plans for the future?
Rosenberg: Every time I walked through The Village, I would say to myself, “There is so much untapped potential for The Village to provide an unparalleled customer experience. There is so much traffic through The Village, and it’s a shame that not more is being done to really improve the overall resort shopping experience.
So, when the opportunity was presented for us to purchase The Village, I thought that we could be the team to make that difference. We ended up purchasing three villages – Stratton, the Village at Showshoe, and the Village at Copper Mountain.
This summer, we are working on various improvements to The Village – general maintenance and repairs. We will also be replacing all of The Village lighting with LED lights to improve illumination at night.
Our leasing team has already been in discussions with various existing and new tenants to look at bringing a better customer experience. We are adding a dedicated marketing specialist to our team for The Villages to work with Stratton to improve The Village’s entertainment.
It will take time, but I believe that over the next several years, you will see significant enhancements and The Village at Stratton will be the resort shopping and dining experience it deserves to be.
Sherman: Thanks so much, Jeffrey. We look forward to seeing The Village grow!
Expansion into Texas continues, with the purchase of a fourth property
DALLAS, TEXAS — Big V Property Group, along with their partner Equity Street Capital, is pleased to announce their newest acquisition, Glade Parks Town Center in Dallas, Texas. Glade Parks is a best-in-class retail destination consisting of 559,457 square feet of quality shop space, represented by an exceptional lineup of national retailers.
“We are excited to continue our expansion into Texas with our first acquisition in the Dallas area, Glade Parks”, said Jeffrey Rosenberg, President and CEO of Big V Property Group. “The Dallas metroplex is a dynamic growing marketplace, and this is the first of several acquisitions planned in this exciting market.”
Glade Parks is located just minutes from the Dallas Fort Worth International Airport and strategically positioned on the doorstep of two of Dallas/Fort Worth’s #1 and #2 highest income neighborhoods, Southlake and Colleyville. There is an impressive $8.4B of spending power within just a 5-mile radius of the property.
Glade Parks offers a diverse roster of nationally recognized retailers including Homegoods, Michaels, Ulta Beauty, Dick’s Sporting Goods, Total Wine & More, Cinépolis and many more. From fashion to lifestyle, the Property’s assortment of offerings has further established Glade Parks as a one-stop destination for the surrounding community.
This acquisition is the fourth for Big V Property Group in Texas and the first in the Dallas.
About Big V Property Group
Big V Property Group owns and operates 54 neighborhood and community shopping centers totaling over 9 million square feet, primarily located in the southern region of the US. Big V Property Group has five offices with major offices in Charlotte, NC, San Antonio, TX, Bristol, TN and Florida, NY. For further information, please visit www.bigv.com.
Big V Property Group is excited to unveil a stunning lighting transformation at Deerbrook Marketplace in Humble, Texas. This transformation is a dramatic improvement for Deerbrook’s customers and employees. Southpoint Solutions designed and replaced the entire lighting system including pole lights, wall packs, spotlights, and sconce lights.
Watch the video below to see this dramatic transformation!
The transformation provides a list of benefits that impact the center’s employees and customers and also provides financial benefits. These benefits include:
• Energy savings
• Bulb longevity
• Increased security
• Increased visibility in the parking lots
• Upgraded photometrics
• Improved customer and employee safety
• Large rebate from the power company
Big V Property Group acquired Deerbrook Marketplace in August 2021. It is located in Humble, Texas at the epicenter of one of Houston’s strongest retail submarkets. It includes over 360,000 square feet of retail space with a 7-building open-air shopping complex. It is home to well-loved and recognized retail outlets like Bed Bath & Beyond, Best Buy, Marshalls, OfficeMax, PetSmart, Old Navy, and ULTA.
Click here to learn more about Deerbrook Marketplace
