Savannah Grocery-Anchored Center Marks First National’s Fourth in GA
First National Realty Partners, LLC, has added McAlpin Square in Savannah, GA. to its grocery-anchored shopping center portfolio. The 170,000-square-foot asset marks the firm’s fourth property in GA.
David Rivers of Palomar represented the seller in the McAlpin Square transaction.
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.
According to FNRP’s Matt Annibale, senior director of acquisitions, the McAlpin Square acquisition aligns with FNRP’s strategic nationwide expansion targeting premier open-air retail centers in primary and key secondary markets. FNRP’s additional GA properties, all located in the Atlanta Metro market, include City Center Crossing in Sandy Springs, Crossroads South in Jonesboro and Crowes Crossing in Stone Mountain.
Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group.
When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.