Jacksonville, FL – November 15, 2021 – Equity Street Capital (ESC) is thrilled to announce its latest venture alongside Big V Property Group (BVPG) as they successfully acquire The Markets at Town Center in Jacksonville, Florida. With a prime location at the gateway to St Johns Town Center, this 254,089 SF grocery-anchored destination is a strategic addition to our portfolio.
“The acquisition of The Markets at Town Center aligns with our vision of investing in thriving communities, and Jacksonville, being the largest city in Florida, offers immense growth potential,” says Than Merrill, founder of Equity Street Capital. “We are particularly excited about contributing to the development of Jacksonville and creating opportunities for economic expansion.”
Managed by Big V Property Group, The Markets at Town Center boasts a unique open-air concept and features prominent retailers such as Sprouts Farmers Market, Nordstrom Rack, REI, Ulta, and West Marine.
As a city with a diverse economy encompassing healthcare, retail, finance, tourism, education, manufacturing, defense, and aerospace, Jacksonville stands out as an ideal location for strategic investments. Moreover, with the region hosting three Fortune 500 headquarters, the acquisition aligns seamlessly with Equity Street Capital’s commitment to fostering growth in dynamic markets.
Equity Street Capital looks forward to leveraging its expertise and collaborating with local partners to further elevate The Markets at Town Center, reinforcing its commitment to creating value and fostering prosperity in the communities it serves.
About 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.
About Equity Street Capital
Equity Street Capital 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.