Savannah, GA – Aug. 13, 2025 – First National Realty Partners (FNRP), a leading national private equity commercial real estate firm, has announced the opening of Ross Dress for Less at McAlpin Square in Savannah, Georgia. The national off-price retailer opened its doors on July 18 in a 22,000-square-foot space, bringing the center to over 95% leased occupancy and reinforcing its position as a key retail destination in the local market.
Ross backfills a former Big Lots space that was vacated in 2024 following the retailer’s Chapter 11 filing. With its A credit rating, Ross enhances the center’s overall credit profile and supports its long-term viability as a necessity-based shopping destination.
The addition introduces a nationally recognized, high-credit soft goods anchor to the merchandising mix, complementing a tenant lineup that includes Kroger, Goodwill and the U.S. Postal Service. Ross’s presence strengthens overall co-tenancy and creates new opportunities for smaller-format soft goods retailers that benefit from proximity to an anchor of this scale.
“We are excited to welcome Ross to McAlpin Square,” said Sam Collier, Chief Revenue Officer at FNRP. “The addition fills a gap for shoppers on the east side of Savannah and brings meaningful value to the center. It has also generated strong interest from other prospective tenants, demonstrating the strong demand for retail space in this market.”
Known for offering name-brand apparel and home goods at exceptional value, Ross is expected to serve as a traffic-driving anchor that supports recurring visits and broadens the center’s appeal to value-focused consumers.
“Ross serves as a powerful anchor for the center,” said Andrew Nesbitt, Director of Leasing at FNRP. “Many soft goods retailers rely on anchors of this caliber to drive traffic and support performance. The lease aligns with our strategy for McAlpin Square and represents meaningful progress in strengthening the center’s overall positioning.”
McAlpin Square is a 169,690-square-foot grocery-anchored center located in a high-traffic retail corridor in Savannah. The property benefits from strong market fundamentals, including a population of over 127,000 people with average household incomes above $89,000 within a five-mile radius. Its visibility, national co-tenancy and curated merchandising mix reinforce McAlpin Square’s position as a popular neighborhood center and a destination of choice for both retailers and consumers.
About First National Realty Partners
First National Realty Partners (FNRP) provides accredited investors with access to institutional quality commercial real estate, specializing in necessity-based retail nationwide. From acquisition to disposition, FNRP oversees the entire investment lifecycle through its vertically integrated platform. Leveraging top in-house talent in legal, acquisitions, leasing, and other key areas, FNRP creates sustainable value for its investors. For more information, please visit www.fnrpusa.com.
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Jessica DeMarino
jdemarino@fnrpusa.com
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