First National Realty Partners Closes First West Coast Retail Property Acquisition
N.J.-based Investment Firm Purchases Heritage Park in Suisan City, Calif. SUISAN CITY, Calif. , Aug. 1, 2022 |PRNewswire-PRWeb| -- First National Realty Partners, LLC (FNRP) has entered the California market – and reached a coast-to-coast expansion milestone – with the purchase of Heritage Park in Suisan City. The 167,000-square-foot shopping center is the New Jersey -headquartered firm''s first West Coast acquisition, reflecting the continued success of its national expansion strategy targeting premier grocery-anchored retail centers in primary and key secondary markets. Located approximately 42 miles southwest of Sacramento and 42 miles northeast of Oakland , Heritage Park is anchored by a 60,000 square-foot Raley''s grocery store. A tenant since 1989, Raley''s is a privately held, market-leading supermarket chain that operates 126 stores in Northern California and Nevada . The center''s essential needs-focused tenant mix includes Ace Hardware, AutoZone, Dollar Tree, Dunkin Donuts, Mariner Finance and HR Block. "FNRP was drawn by Heritage Park''s …
First National Realty Partners Closes First West Coast Retail Property Acquisition
N.J.-based Investment Firm Purchases Heritage Park in Suisan City, Calif. SUISAN CITY, Calif. , Aug. 1, 2022 |PRNewswire-PRWeb| -- First National Realty Partners, LLC (FNRP) has entered the California market – and reached a coast-to-coast expansion milestone – with the purchase of Heritage Park in Suisan City. The 167,000-square-foot shopping center is the New Jersey -headquartered firm''s first West Coast acquisition, reflecting the continued success of its national expansion strategy targeting premier grocery-anchored retail centers in primary and key secondary markets. Located approximately 42 miles southwest of Sacramento and 42 miles northeast of Oakland , Heritage Park is anchored by a 60,000 square-foot Raley''s grocery store. A tenant since 1989, Raley''s is a privately held, market-leading supermarket chain that operates 126 stores in Northern California and Nevada . The center''s essential needs-focused tenant mix includes Ace Hardware, AutoZone, Dollar Tree, Dunkin Donuts, Mariner Finance and HR Block. "FNRP was drawn by Heritage Park''s …