FNRP Completes Acquisition of Kimberly Crossing

Davenport, Iowa

We are pleased to announce the acquisition of the 90,267 square foot grocery-anchored neighborhood retail center, Kimberly Crossing for a purchase price of $12,250,000.

Kimberly Crossing is a well located, internet resistant, grocery- anchored neighborhood shopping center located at 2100 E. Kimberly Road, Davenport, Iowa 52807. Kimberly Crossing is 98% occupied and more than 94% of the tenants are national tenants. The asset was built in 1980 and redeveloped from 2016 to 2017.

Key tenants at the center include Fresh Thyme, Planet Fitness, Dollar General, Qdoba, Salon Centric, Vision 4 Less and many more.

“We think this asset has a great tenant synergy and is well located in the market. We plan on acquiring more assets in this market and serving the community for many years to come,” said Chris Palermo, Co-Founder and Managing Principal.

Read Press Release

Sign Up

Get Access
to Our CRE Deal Flow

Get instant access to all of our current and past commercial real estate deals. 

Latest News

November 9, 2022

First National Realty Partners Acquires Tropicana Centre

Las Vegas, Nevada

November 9, 2022

First National Realty Partners Acquires Tropicana Centre

Las Vegas, Nevada

November 7, 2022

First National Realty Partners Announces Two Key Executive Appointments

Red Bank, New Jersey

November 7, 2022

First National Realty Partners Announces Two Key Executive Appointments

Red Bank, New Jersey

October 21, 2022

First National Realty Partners Acquired Kroger-Anchored Center

East Street, Indianapolis

October 21, 2022

First National Realty Partners Acquired Kroger-Anchored Center

East Street, Indianapolis

commercial real estate deals
Please enter your email address to access Deal Lobby Content.
[class^="wpforms-"]
[class^="wpforms-"]