First National Realty Partners Acquires Aldi-Anchored Center

Hixson, Tennessee

  1. We are pleased to announce the acquisition of Gadd Crossing, an Aldi-Anchored Shopping Center located at 5510 TN-153 in Hixson Tennessee. Gadd Crossing is a 94% occupied, newly renovated shopping center that features a 22,323 square foot Aldi. The property is located approximately 7 miles north of downtown Chattanooga and adds a secure and stable income stream to FNRP’s growing portfolio of premier real estate assets throughout the United States.

“Entering the Tennessee market has been a company goal of ours so we are very excited to be acquiring Gadd Crossing, a landmark asset in the Chattanooga market”, said Matt Annibale, Director of Acquisitions at FNRP. “Aldi is one of the fastest-growing grocery chains in the country and they recently made a significant reinvestment in their store at the center. They are complimented here by a strong lineup of internet-resistant, daily needs tenants, which is a key attribute of the center.”

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

February 22, 2024

First National Realty Partners Closes 2023 with Nearly $200 Million in Acquisitions & Over 500,000 Square Feet of New Lease Transactions

Red Bank, NJ

February 22, 2024

First National Realty Partners Closes 2023 with Nearly $200 Million in Acquisitions & Over 500,000 Square Feet of New Lease Transactions

Red Bank, NJ

October 25, 2023

First National Realty Partners Acquires ShopRite-Anchored Center in Wilmington, DE

Wilmington, DE

October 25, 2023

First National Realty Partners Acquires ShopRite-Anchored Center in Wilmington, DE

Wilmington, DE

October 18, 2023

First National Realty Partners Brings Major Retailers to Champions Village

Houston, TX

October 18, 2023

First National Realty Partners Brings Major Retailers to Champions Village

Houston, TX

commercial real estate deals
Please enter your email address to access Deal Lobby Content.