ATLANTA (October 24, 2022) – Smith, Gambrell & Russell, LLP (SGR) is pleased to announce that the Firm served as legal counsel to Big V Property Group (Big V) in its acquisition of Southpark Meadows I & II Shopping Center in Austin, Texas. The acquisition is Big V’s first in Austin, its fifth property in Texas, and the second largest shopping center in its more than 9.5 million-square-foot portfolio.
Located in South Austin off I-35, Southpark Meadows is an open-air shopping center with nearly one million square feet of retail. Southpark Meadows offers a diverse tenant roster of national retailers, including Target, Best Buy, JCPenny, Old Navy, Ulta Beauty, Bath and Body Works, Starbucks, and Walmart, along with numerous local retailers. The shopping center also includes The Grove Within Southpark Meadows, an oak tree-filled central gathering area with a stage for live music, a large playscape for kids, and outdoor seating for leisure and dining. Big V has plans to upgrade the shopping center during an extensive capital improvement project over the next few years.
SGR has advised Big V Property Group on a variety of shopping center related matters. The SGR legal team was led by Partner and New York Real Estate Practice Section Head Sean Altschul, along with Shara Pipitone, counsel in the Miami Real Estate Practice, Amanda Attenasio, associate in the New York Real Estate Practice, and Tyler Cunningham, associate in the Atlanta Real Estate Practice. The team also included Alon Harnoy, partner, and Tanisha Belhomme, associate, in the New York Corporate Practice.
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.
About Smith Gambrell Russell
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 270 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, Charlotte, Chicago, Jacksonville, London, Los Angeles, Miami, New York, Southampton, and Washington, D.C.