First National Realty Partners (FNRP), a national private equity commercial real estate firm, celebrated the grand opening of the 76,000-square-foot off-price retailer Gabe’s at Mark Twain Village located in St. Charles, Missouri. The opening marks the first Gabe’s location in the firm’s portfolio as well as the first Gabe’s store in the State of Missouri.
Gabe’s offers fashion and footwear for the entire family, essentials, beauty, accessories and home merchandise at discounted prices, and brings a missing soft goods component to the center, FNRP said.
“We view the addition of Gabe’s to Mark Twain Village as a win/win/win for Gabe’s, existing tenants at Mark Twain Village and FNRP investors. The lease-up of this key anchor space was a critical part of the property’s business plan and increases the center’s occupancy rate from 72% to 97%,” said Fred Battisti, FNRP chief revenue officer.
Gabe’s joins other high-quality national tenants including Bass Pro Shops, Duluth Trading Company, Dungarees and Aldi at the center.
