Glynn Isles, GA – October 14, 2022 – Equity Street Capital, in partnership with Big V Property Group, is delighted to announce the successful acquisition of Glynn Isles in Brunswick, Georgia. This strategic addition to our portfolio marks an exciting expansion of our presence in the Southeast, particularly in the vibrant state of Georgia.
Situated in coastal Georgia, Glynn Isles stands as the premier retail destination for local residents and draws substantial tourism from the Golden Isles area, including St. Simons Island, Sea Island, and Jekyll Island. With its 193,039 square feet of retail space, Glynn Isles is a robust power center featuring a compelling lineup of best-in-category tenants and shadow anchored by industry giants Target and Lowe’s.
As the most visited shopping center within a 50-mile radius, Glynn Isles attracts over 4.5 million annual visitors, solidifying its status as a retail hub in coastal Georgia. Since its establishment in 2007, Glynn Isles has consistently maintained over 98% occupancy, with ten of the current tenants being original to the property. Serving as a dominant shopping destination, Glynn Isles fills a significant retail void in the region.
The center boasts anchor tenants such as Target, Dick’s Sporting Goods, PetSmart, Ross Dress for Less, Michaels, Ulta, and Old Navy, many of whom have exclusive presence within a 50+ mile radius. This unique combination of a seasoned tenant roster, valuable value-add opportunities, and a prime super-regional retail node location makes Glynn Isles an exceptional addition to the Equity Street Capital portfolio.
About Equity Street Capital: Equity Street Capital (ESC) is a San Diego-based commercial investment firm renowned for its focus on achieving attractive risk-adjusted returns while maximizing long-term capital appreciation. Founded by real estate investors and entrepreneurs Than Merrill and Paul Esajian, Equity Street Capital is dedicated to providing transformative real estate investment opportunities to it’s investors.
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.