{"id":4862,"date":"2022-01-05T23:14:11","date_gmt":"2022-01-06T05:14:11","guid":{"rendered":"https:\/\/1reason.com\/re\/first-national-realty-partners-acquires-premier-canton-a-164781-sf-kroger-anchored-shopping-center-in-canton-mi\/4862\/"},"modified":"2022-01-06T17:14:11","modified_gmt":"2022-01-06T23:14:11","slug":"first-national-realty-partners-acquires-premier-canton-a-164781-sf-kroger-anchored-shopping-center-in-canton-mi","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/first-national-realty-partners-acquires-premier-canton-a-164781-sf-kroger-anchored-shopping-center-in-canton-mi\/4862\/","title":{"rendered":"First National Realty Partners Acquires Premier Canton, a 164,781 SF Kroger-Anchored Shopping Center in Canton, MI"},"content":{"rendered":"<div>&#8220;&gt;&#013;\n    <\/div>\n<p>&#013;<br \/>\n    &#013;<\/p>\n<div style=\"float:left;width:290px;margin:10px 0 0 0\">&#013;<\/p>\n<h5>First National Realty Partners Acquires Premier Canton.<\/h5>\n<p>&#013;\n    <\/p><\/div>\n<p>&#013;<br \/>\n  &#013;<\/p>\n<p align=\"justify\">RED BANK, N.J., Dec.  09, 2021  (GLOBE NEWSWIRE) &#8212; via InvestorWire \u2013 <strong>First National Realty Partners (FNRP)<\/strong> is pleased to announce the acquisition of Premier Canton, a grocery-anchored shopping center located at 45540 Michigan Avenue, Canton, MI 48188. Premier Canton is a 164,781 SF shopping center that is 88% occupied and anchored by a 59,805 square foot Kroger Supermarket. The property is located approximately 25 miles west of downtown Detroit and adds to FNRP\u2019s rapidly growing portfolio of premier real estate assets throughout the United States.<\/p>\n<p align=\"justify\">\u201cWe are very excited to acquire Premier Canton,\u201d said Matt Annibale, Senior Director of Acquisitions at First National Realty Partners. \u201cNot only is the center anchored by a high-performing Kroger Supermarket, but it also features a 18,000 square foot junior box vacancy which provides the potential for significant upside in the deal.\u201d The center also features a 50,000 square foot Dick\u2019s Sporting Goods and an impressive lineup of other internet-resistant, daily needs tenants. <\/p>\n<p align=\"justify\">First National Realty Partners, LLC (FNRP) is a leading vertically integrated real estate investment firm focused on acquiring institutional quality commercial real estate throughout the United States. The firm is an active, opportunistic, and value-add investment firm that is equipped to operate in all facets of the real estate acquisition process as an investor, developer, and asset manager of commercial real estate. FNRP enhances the value of properties through hands-on management and targeted investments that result in superior, risk-adjusted returns for its investors.<\/p>\n<p align=\"justify\"><strong>Contact Information<\/strong><br \/>Sam Perrelli, Investor Relations <br \/>info@fnrealtypartners.com<br \/>First National Realty Partners<br \/>125 Half Mile Road Suite 207<br \/>Red Bank, New Jersey 07701<br \/>800-605-4966<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=TqG5rqV0NkoQsOPvzaASLyApWXDqj7tuqOjDIf3rPErKVySb1VRQ0tAO6oLbG7rNCI1IKEFEnRniNB3TO_XISDN8J13CUF5imxx5M6JYip6MBLKH2ZePAyi-yetQ1C50\" rel=\"nofollow noopener noreferrer\" target=\"_blank\" title=\"\"><u>https:\/\/fnrpusa.com\/property\/premier<\/u><\/a><\/p>\n<p align=\"justify\">Matt Annibale, Senior Director of Acquisitions<br \/>mannibale@fnrealtypartners.com<br \/>First National Realty Partners<br \/>125 Half Mile Road Suite 207<br \/>Red Bank, New Jersey 07701<br \/>732-696-1201<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=TqG5rqV0NkoQsOPvzaASLyApWXDqj7tuqOjDIf3rPEph6VK_f05LLQzDNS2IgLGYnvkJs8fE2ilag7T_P9o0_wfYTyTzYj38KE02X6hxBFqGgVKSh73s8MhaoKKuAcn6\" rel=\"nofollow noopener noreferrer\" target=\"_blank\" title=\"\"><u>https:\/\/fnrpusa.com\/property\/premier<\/u><\/a><\/p>\n<p align=\"justify\"><strong>Wire Service Contact<\/strong><br \/>InvestorWire (IW)<br \/>Los Angeles, California<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_n33qNXtYvH9u8-q1WyMwYYNVgH7-gu2URFysk5kjgDhGqdcc2rBQozZR_2UJNndyf3uDJ1RampAcRrBrkV7pSOD2OuOKhHP34IYPmzkDMk=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\" title=\"\"><u>www.InvestorWire.com<\/u><\/a><br \/>212.418.1217 Office<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=A46rCym75vbaC3F3HfNzYFZFCPY8TZUooRWh9FO-1vTYZwJQoIU-Go-DARvhowIEFgGuWi2Vt_uwxajnL24ZW3aSh40J7LCMr43VIgVGjYA=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\" title=\"\"><u>Editor@InvestorWire.com<\/u><\/a><\/p>\n<p id=\"gnw_attachments_section-header\">&#013;<br \/>\n    <strong>Attachment<\/strong>&#013;\n<\/p>\n<p>&#013;<\/p>\n<ul id=\"gnw_attachments_section-items\">&#013;<\/p>\n<li>&#013;<br \/>\n        <a target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=Cb_00zITSrazn_vRT9WLfOiD2N3bVo0h0EYEsLTCgq8iaUNFnLQsbvmQn_hqSDiG5sXBnPVk0JPYNtVH63h-hymoCX9Vx6jPdoUh5UhzhZ7WU7cXxyx4tSNRCWY2E66moPv7c8_wc1aHt0tpWValLg==\" title=\"Premier Canton\" rel=\"nofollow noopener noreferrer\">Premier Canton<\/a>&#013;\n      <\/li>\n<p>&#013;\n      <\/ul>\n<p>&#013;<br \/>\n <br \/><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/ZjNkMGMyOTktZTI5NS00OGJlLTk0MWEtNDUyMmFkZDliZGU0LTUwMDA5NzgwNQ==\/tiny\/First-National-Realty-Partners.png\"><\/p>\n","protected":false},"excerpt":{"rendered":"<div>\n<div>&#013; <\/p>\n<div>&#013; Premier Canton&#013; <\/p>\n<div>&#013; <img src=\"https:\/\/ml.globenewswire.com\/Resource\/Download\/68a49966-3a26-4ec5-b5b6-76a8f68fb22c?size=2\" alt=\"First National Realty Partners Acquires Premier Canton.\" \/><\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/4862"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=4862"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/4862\/revisions"}],"predecessor-version":[{"id":4873,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/4862\/revisions\/4873"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=4862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=4862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=4862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}