First National Realty Partners Acquires First Shopping Center in Nebraska

We are pleased to announce the acquisition of The Shoppes at Grayhawk in Omaha, anchored by a 140,000-square-foot Lowe’s home improvement store. Located at 14455-14615 W. Maple Road,  Lowe’s is the second-largest hardware chain in the world and operates or services more than 2,200 home improvement and hardware stores throughout the United States and Canada. The Shoppes at Grayhawk tenant roster also includes Michaels, Dollar Tree, Chipotle, Jimmy John’s, and First Watch.

“The Shoppes at Grayhawk offered an outstanding opportunity for FNRP to establish a presence in Nebraska,” said Stephen Joseph, director of acquisitions. “With its proximity to Nebraska’s largest city, this destination for daily essentials is a perfect fit for our portfolio. The Center contains approximately 5,000 square feet of available space offering significant upside potential by way of increased occupancy and cash flow.”