Big V Capital LLC has closed on the acquisition of two new properties located in the Southeast US. The community shopping centers are both value-add investments, acquired at significantly below replacement cost. The properties will be managed by Big V Properties LLC, our affiliated property management company. Siler Crossing in Siler City, NC is a 132,369 SF community shopping center located at 100 Siler Crossing and US Highway 64. The center is anchored by Tractor Supply and Kimbrell's Furniture and is 58% leased.
VA-KY Regional Center in Norton, VA is a 229,527 SF shopping center located at 640 US Highway 58 East. It is anchored by Magic Mart and Ingles grocery store and is 79% leased.