At Big V Property Group, we invest in Real Estate for long-term wealth preservation and growth. Our focus on investing in open-air community shopping centers with grocery, discount and other need-based tenants is a key part of our strategy. These communities in strong secondary markets, often over-looked and under-valued, represent significant growth potential.
Each property is evaluated by our team to ensure that it meets our standards for long term investing and that we can add value for our investors, our tenants and for our customers in the community.
We acquire shopping centers using the following criteria:
Strong growth demographic market
Excellent location within the retail corridor with both access and visibility to the center
Purchase pricing at well below replacement cost with capital improvement opportunities
Opportunity to use our key relationships with tenants to extend leases and fill vacancies to add significant value
In September 2020, Big V acquired The Avenue-Murfreesboro. An 843,000 SF multi-use center, with a mix of Lifestyle and Power center tenants, The Avenue is the largest shopping center in our portfolio. The center is located in Murfreesboro, TN, just outside of Nashville, in one of the fastest growing metro areas in the US. The Avenue meet and exceeds all our investment criteria, making this an excellent acquisition for significant long term value and growth.
