PRESS RELEASE (Jacksonville, Florida) - Big V Property Group (BVPG) along with its partner, Equity Street Capital (ESC), is excited to announce the acquisition of The Markets at Town Center in Jacksonville, Florida. The Markets at Town Center is a 254,089 SF grocery-anchored destination ideally located at the gateway to St Johns Town Center, the #1 shopping destination between Orlando and Atlanta. The property will be managed by Big V Property Group.
The unique open-air Property is comprised of leading retailers including Sprouts Farmers Market, Nordstrom Rack, REI, Ulta, and West Marine.
Jacksonville is the largest city in Florida and features a diversified economy with a strong base of industries including healthcare, retail, finance, tourism, education, manufacturing, defense, and aerospace, and the region is home to three Fortune 500 headquarters. Big V is excited to expand its presence in Florida with this asset.
Big V Property Group: BVPG owns and operates 51 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.
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
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