First National Realty Partners (FNRP) has completed a 76,000-square-foot lease with Gabe’s at Mark Twain Village in St. Charles, Mo.
The lease signifies the beginning of a partnership between FNRP and Gabe’s. This is the first Gabe’s location in the firm’s portfolio as well as the first Gabe’s store in Missouri.
Gabe’s is an off-price retailer offering fashion and footwear for families, as well as essentials, beauty, accessories, and home merchandise at discounted prices. Their newest location was recently remodeled and occupies the former Gordman’s space. They opened to the public on Aug. 12.
“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,” said Fred Battisti, FNRP’s chief revenue officer. “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 percent to