First National Realty Partners (FNRP) has purchased The Village at Pittsburgh Mills, a grocery-anchored shopping center located at 1005 Village Center Dr., Tarentum, Pa. The financial terms and seller were not disclosed.
Village at Pittsburgh Mills is a 149,628-square-foot shopping center that is 93-percent occupied and anchored by an 18,448-square-foot Aldi Supermarket. The property is located 16.8 miles east of downtown Pittsburgh and adds to FNRP's rapidly growing portfolio of premier real estate assets throughout the United States.
“We are pleased to acquire The Village at Pittsburgh Mills and expand our footprint in the Pittsburgh market,” said Matt Annibale, senior director of acquisitions at First National Realty Partners. “Aldi is joined at the center by a strong lineup of junior anchors, including Ross, Michaels, and PetSmart, who all help drive traffic to the center.”
In addition to the anchors, the center also features many other internet-resi
