First Washington Realty (FWR) has acquired two grocery-anchored shopping centers in Minnesota and Missouri for a combined value in excess of $65 million. The acquisitions expand FWR’s portfolio to 21.9 million square feet across 21 states.
The properties are: The Village of Blaine is a 220,685-square-foot grocery-anchored shopping center, and Liberty Corners is a 124,808-square-foot shopping center anchored by a 56,000-square-foot Cosentino’s Price Chopper grocery store.
The Village of Blaine is well-recognized as one of the Twin Cities’ leading neighborhood shopping destinations, attracting approximately 3.3 million annual visits. Located at the intersection of Interstate 35W and Lexington Avenue, the center sits within one of the fastest-growing areas in the Minneapolis-St. Paul metro area, supported by more than 1,700 planned homes, rising household incomes and continued investment throughout the surrounding community. The center also benefits from proximity t
