First National Realty Partners Acquires Nebraska’s First Shopping Center

New Jersey-based investment firm buys The Shoppes from Grayhawk in Omaha

OMAHA, Neb., May 27, 2022 /PRNewswire-PRWeb/ — Vertically Integrated Real Estate Investment Company First National Real Estate Partners, LLC (FNRP) today announced the addition of The Shoppes at Grayhawk to Omaha to its rapidly growing shopping center portfolio. This 221,000 square foot asset marks the Red Bank, New Jerseyfirst acquisition of a company based in the Nebraska as it continues its strategic nationwide expansion targeting major outdoor retail centers in key primary and secondary markets.

Located at 14455-14615 W. Maple Road, The Shoppes at Grayhawk is anchored in a 140,000 square foot Lowe’s home improvement store. A tenant of the center for 20 years, Lowe’s is the second largest hardware chain in the world and operates or services more than 2,200 hardware and hardware stores around the world. United States and Canada. Shoppes at Grayhawk’s list of tenants also includes Michaels, Dollar Tree, Chipotle, At Jimmy John’sand first quarter.

“The Shoppes at Grayhawk provided an exceptional opportunity for the FNRP to establish a presence in Nebraska,” said Etienne-Joseph, Director of Acquisitions. “With its proximity to from Nebraska largest city, this destination for daily essentials is a perfect fit for our wallet. The Center contains approximately 5,000 square feet of available space with significant growth potential through increased occupancy and cash flow. »

Located in a densely populated commercial corridor about 12 miles west of downtown Omaha, The Shoppes at Grayhawk is strategically located along the area’s main east-west thoroughfare. The center serves a population of nearly 180,000 people – with an average household income of $100,000 – within five miles of the property.

The deal was brokered by Ben Snyder and Zack Bates of Matthews Real Estate Investment Services which represented the seller in The Shoppes at Grayhawk transaction.

FNRP’s mission is to provide everyday accredited investors with access to real estate assets that have traditionally only been available to institutional investors. Specializing in grocery-rooted retail staples, the company seeks both in-market and out-of-market opportunities nationwide. From acquisition to disposal, FRNP oversees the entire investment lifecycle 100% in-house, leveraging top talent in legal, acquisitions, leasing and other key areas to ensure that its properties achieve maximum value and that the partners realize exceptional risk-adjusted returns.

About First National Realty Partners, LLC
151 Bodman Square, Suite 201, Red Bank, New Jersey 07701

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Emma Ackel / Jamie Platt
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Emma AckelCaryl Communications, 2017967788, [email protected]

SOURCE Premier National Real Estate Partners

Edwin S. Wolfe