First National Realty Partners (FNRP) has acquired City Center Crossing, a grocery-anchored shopping center located at 6331 Roswell Road, Sandy Spring, Georgia. Located approximately 16 miles north of downtown Atlanta, the 98,408-square-foot shopping center is 77% occupied and anchored by a 27,858 square foot Lidl Supermarket that opened in May 2020.
“We are extremely excited to not only acquire our first asset in the Atlanta market but to also add Lidl to our portfolio, one of the most rapidly growing grocers in the country,” said Matt Annibale, senior director of Acquisitions at FNRP. “The remaining vacancy in the center will provide significant upside for our investors.”
FNRP is a vertically-integrated real estate investment firm focused on acquiring institutional-quality commercial real estate throughout the United States.
