Jessica Perry//November 15, 2021//

First National Realty Partners is expanding its portfolio of national assets with the addition of a grocery-anchored shopping center in Atlanta.
On Nov. 13, the Red Bank-based firm said it acquired Crossroads South at 7965 Tara Blvd. in the Georgia’s largest city – a 92% occupied, 201,404-square-foot shopping center anchored by a Kroger Supermarket that boasts 59,134 square feet, located about 16 miles south of downtown Atlanta.
In September, First National announced it acquired another grocery-anchored complex, City Center Crossing, 16 miles north of the capital.
“We are very excited to acquire another strong performing center in the Atlanta market,” said Matt Annibale, senior director of Acquisitions at the vertically integrated real estate investment firm. “We greatly value our relationship with Kroger and look forward to helping them continue their long-term success at Crossroads South.”
According to the company, it is equipped to handle all steps of the real estate acquisition process – as investor, develop and asset manager – and is focused on adding institutional quality commercial real estate throughout the country. Post-acquisition, First National said it enhances value with hands-on property management and targeted investments.
The firm has snatched up a number of grocery-anchored properties in the past six months, including two in Ohio and one in Indiana.