First National Realty partners acquires grocery-anchored center portfolio in Georgia
First National Realty Partners (FNRP) announced the additions of Village Shoppes of East Cherokee in Woodstock, Ga., and Cherokee Commons in Acworth, Ga., to its grocery-anchored shopping center portfolio. The addition of these assets strengthens the vertically integrated real estate firm's presence in the Atlanta metro area and continues its nationwide growth in the open-air retail property sector.
Village Shoppes of East Cherokee is a 123,783-square-foot asset anchored by a 44,840-square-foot Publix, which has been a tenant since 2003. The center's high-quality tenant roster includes Dollar Tree, Workout Anytime, Huntington Learning Center and Subway.
Cherokee Commons is a 103,835-square-foot asset anchored by a 66,918-square-foot Kroger, which has been a tenant since 1986. The center's tenant roster features a mix of national retailers, including Pet Supplies Plus, CosmoProf, Fit Body Boot Camp and Jackson Hewitt.
"Village Shoppes of East Cherokee and Cheroke