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With Purchase of McAlpin Square, NJ Investor Enters One of the Southeast’s Leading Coastal Markets
SAVANNAH, Ga., April 22, 2022 /PRNewswire-PRWeb/ — First National Realty Partners, LLC (FNRP), a rapidly growing, vertically integrated real estate investment firm, today announced the addition of McAlpin Square in Savannah to its expanding grocery-anchored shopping center portfolio. The 170,000-square-foot asset marks the Red Bank, NJ-based firm’s fourth property in the State of Georgia.
McAlpin Square is anchored by a 43,600-square-foot Kroger, one of the original tenants at the center, which opened in 1980. Kroger operates a branded onsite fuel center, reinforcing its commitment to the property and driving increased traffic to benefit its co- tenants. McAlpin Square’s national retailers include Big Lots, Goodwill, US Postal Service, Family Dollar, Rainbow, Rent-A-Center, Subway, Domino’s and GameStop.
According to FNRP’s Matt Annibale…
Full story available on Benzinga.com
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