Big V Property Group has acquired The RIM Shopping Center, a million-square-foot retail and restaurant destination in San Antonio.
“We are thrilled to be acquiring The RIM, one of the largest properties in Texas with a vibrant mix of retail, multifamily and hospitality in one of San Antonio’s most desirable growth areas. The RIM is a logical choice for us and is highly complementary to our existing portfolio,” said Jeffrey Rosenberg, CEO of Big V.
Big V acquired the property, which is part of a larger mixed-use development, in partnership with New York-based Kimco Realty and San Diego-based Equity Street Capital.
The seller and sales price were not disclosed. Big V will also manage the property.
