First National Realty Partners Expands Asset Management Team

Red Bank, New Jersey
We are pleased to announce that Alexander Vitro has joined the team as the Head of Asset Management. In his role, Alex will be responsible for overseeing the firm’s internal property management, leasing, and accounting teams as well as the direction of the firm’s overall property strategy.

Read More

First National Realty Partners Completes Acquisition of The Coastal Building

Red Bank, New Jersey
We are pleased to announce the acquisition of The Coastal Building, a Class A, 29,178 square foot trophy office building located directly on the prestigious Navesink River in fast-growing Red Bank, NJ. The property was acquired in an off-market transaction and adds another high-quality asset to the firm’s growing portfolio of premier real estate assets throughout the United States.

Read More

First National Realty Partners Completes Acquisition of Walmart-Anchored Center

Hamilton, New Jersey
FIRST NATIONAL REALTY PARTNERS, a leading institutional real estate investment firm, announced the acquisition of The Court at Hamilton, a 194,000 square foot Walmart-anchored retail center located in Hamilton, NJ. The property was acquired in an off market transaction and adds another high quality asset to the firm’s growing portfolio of premier real estate assets throughout the United States.

Read More

First National Realty Partners Completes Acquisition of Kimberly Crossing

Davenport, Iowa
First National Realty Partners, LLC. (FNRP), a vertically integrated, privately held real estate investment company and family of real estate funds, announced the acquisition of the 90,267 square foot grocery-anchored neighborhood retail center, Kimberly Crossing for a purchase price of $12,250,000.

Read More

First National Realty Partners Completes Acquisition of Haymarket Village Center

Haymarket, Virginia
First National Realty Partners, LLC. (FNRP), a vertically integrated, privately held real estate investment company and family of real estate funds, today announced the acquisition of the Haymarket Village Center, a 256,856 square foot retail center, for a purchase price of $34,500,000 million.

Read More

First National Realty Partners Completes Acquisition of Ashland Hanover Shopping Center

Ashland, Virginia
First National Realty Partners, LLC. (FNRP), a vertically integrated, privately held real estate investment company and family of real estate funds, announces the acquisition of the Ashland Hanover Shopping Center, a 226,665 square foot retail center, for a purchase price of $17,750,000.

Read More

First National Realty Partners Completes $45M Acquisition of Carriage Place Shopping Center

Columbus, Ohio
Sept. 12, 2018- First National Realty Partners, LLC. today announced the acquisition of the Carriage Place Shopping Center, a 280,910 square foot retail center, for a purchase price of $45 million. The asset is currently 89% occupied and offers a diverse mix of service-oriented tenants to the local community,

Read More

First National Realty Partners Completes Acquisition of Lee Harvard Shopping Center

Cleveland, Ohio
First National Realty Partners, LLC. (FNRP), a vertically integrated, privately held Delaware-based real estate investment company and family of real estate funds, today announced the acquisition of the 204,526 square foot grocery-anchored neighborhood retail center, Lee Harvard Shopping Center, for a purchase price of $18.3 million, or $90 per foot, approximately less than one-half of replacement cost.

Read More

Q&A with Anthony Grosso of First National Realty Partners

Building Private Equity Success
Four and a half years ago Anthony Grosso co-founded First National Realty Partners in suburban New Jersey. Today, his private equity firm has a team of over 20 professionals and manages a substantial portfolio of retail, office, industrial and multifamily assets.

Read More

New Owner for Lake Street Plaza in Penn Yan

Penn Yan, New York
According to Steve Griffin, CEO of the Finger Lakes Economic Development Center (FLEDC, Yates County’s sole Industrial/Economic Development Organization), the Lake Street Plaza, located at 220 Lake St. in Penn Yan, is changing ownership.

Read More

New Jersey Investment Firm Buys Penn Hills Shopping Center

Aberdeen, NJ — First National Realty Partners, LLC.
(FNRP), a vertically integrated, privately held Delaware-based real estate investment company and family of real estate funds, today announced the acquisition of the Penn Hills Shopping Center, a 276,000 square foot neighborhood retail center, for a purchase price of $18 million, approximately one-fourth of replacement cost. The asset is currently 93% occupied.

Read More