First National Realty Partners Adds Columbus, Ohio, Grocery-Anchored Center

We are pleased to announce the acquisitions of Consumer Square West. Situated on 25 acres at 3530-3630 Soldano Blvd., Consumer Square West is anchored by a nearly 65,000-square-foot, high-volume Kroger supermarket. The market-dominant grocer recently added a branded fuel center, furthering its commitment to the center and facilitating increased traffic to benefit its co-tenants. Consumer Square West also features Planet Fitness, Rainbow Apparel, Dollar Tree, Shoe Show, Bargain Hunt, Pet Supplies Plus, and Sally Beauty.

Consumer Square West acquisition aligns with our strategic nationwide expansion targeting premier open-air retail centers in primary and key secondary markets. FNRP’s Ohio properties also include Carriage Place Shopping Center in Columbus, Shore Center Plaza in Euclid, West Market Street Station in Akron, and Southland Crossings in Boardman.

“Consumer Square West provides a great opportunity for FNRP to expand our footprint in Ohio, a market in which we have an established foothold and track record,” Annibale said. “With its strong tenant mix – and within the context of outstanding regional demographics – this property is well-positioned to perform.” Annibale added that approximately 15,000 square feet of available space at Consumer Square West provides significant upside potential by way of increased occupancy and cash flow.

Consumer Square West is located in a densely populated retail corridor approximately five miles west of downtown Columbus and seven miles southwest of The Ohio State University. Columbus is the fastest-growing major MSA in the Midwest, home to 2.1 million people and boasting 11.6% population growth since the 2010 census. More than 265,000 people with average household incomes over $80,000 live within a five-mile radius of the property.