Chicago & Midwest + Midwest + Retail | April 23, 2021

FNRP Acquires Shoppes at Cross Keys in St. Louis Metro

First National Realty Partners (FNRP) recently acquired The Shoppes at Cross Keys, a 339,464-square-foot, grocery-anchored shopping center in Florissant, MO, a St. Louis suburb. Terms of the deal weren’t disclosed.

Currently 93% occupied, The Shoppes at Cross Keys features a 63,094-square-foot Schnucks and a 98,133-square-foot Home Depot. The property is located approximately 15 miles north of downtown St. Louis.

“The Shoppes at Cross Keys is the premier shopping destination in the northern St. Louis market and we are excited to expand our presence in the area and become a member of the Florissant community,” said Matt Annibale, director of acquisitions at Red Bank, NJ-based FNRP.

He added, “Schnucks, who is the market leading grocer in St. Louis, is joined here by a high-performing Home Depot. Both tenants help drive traffic to the center, which greatly benefits the junior anchors, restaurants and small shops.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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