Sep 1, 2020

Smith, Gambrell & Russell Represents Big V Property Group in its Largest Deal to Date, the Acquisition of The Avenue® Murfreesboro Shopping Center in Tennessee

Scroller Big V Altschul

ATLANTA (September 1, 2020) – Smith, Gambrell & Russell, LLP (SGR) is pleased to announce the firm served as legal counsel to Big V Property Group in its recent acquisition of The Avenue® Murfreesboro, an outdoor shopping center in Murfreesboro, Tennessee. The transaction, which closed August 31, 2020, is its largest deal to date. CLMG CORP, as Agent for, BEAL BANK USA, financed the transaction.

Located less than 30 minutes from downtown Nashville, The Avenue Murfreesboro is an outdoor, regional lifestyle shopping center with a mix of specialty shops, local boutiques, big box retailers, and unique restaurants. Among the shopping center’s 85 national retailers are Best Buy, Bath & Body Works, Belk, Dick’s Sporting Goods, Victoria’s Secret, H&M, and ULTA, as well as Barnes & Noble, Chili’s, and Bed Bath & Beyond.

SGR has advised Big V Property Group on a variety of shopping center related matters, including more than 16 acquisitions. The SGR legal team was led by New York Real Estate Practice Section Head and Partner Sean Altschul along with Associate Matt Moore in the Atlanta Real Estate Practice and New York attorneys, Dexterrie Ramirez, Associate in the Real Estate Practice and the Corporate Practice’s Alon Harnoy, Partner, and Associate Hen Feder. Partners Pref Ramirez in the New York Corporate Practice and Joe Mandarino in the Tax Practice and Brian Hall in the Finance, Banking & Restructuring Practice, both Partners in Atlanta, provided additional assistance.

About Big V Property Group
Big V Property Group is a vertically-integrated shopping center investment management and property management company, with comprehensive services including leasing, on-site property management, construction management, finance/accounting and marketing. Utilizing state of the art technical platforms, the company has an excellent track record of providing quality property management and construction management services for over 40 years. Big V Property Group owns and operates 49 neighborhood and community shopping centers totaling over 8 million square feet, primarily located in the southeastern region of the US. The company has 55 employees located in five offices with major offices in Charlotte, NC, Bristol, TN and Florida, NY. Visit www.bigv.com for more information.

About Smith, Gambrell & Russell, LLP
SGR is a full service, international law firm that advises regional, national and global businesses on a wide range of legal matters. The firm’s 250 attorneys provide legal counsel in more than 45 specialized practice areas, including corporate transactions, litigation, intellectual property, aviation, banking, real estate, construction, employment law, and employee benefits and executive compensation. Founded in 1893, SGR has offices in Atlanta, Austin, Jacksonville, London, Los Angeles, Miami, Munich, New York, Southampton, and Washington, D.C.


Share via
Copy link
Powered by Social Snap