“We are very excited to acquire Summerdale Plaza”, said Matt Annibale, Senior Director of Acquisitions at First National Realty Partners. “The remaining vacancy in the center provides meaningful upside for our investors. The property also includes one of the top Pennsylvania Department of Transportation locations in the state, which helps drive traffic to the center.”
The seller was represented by Brad Nathanson of Institutional Property Advisors.
First National Realty Partners, LLC (FNRP) is a leading vertically integrated real estate investment firm focused on acquiring institutional quality commercial real estate throughout the United States. The firm is an active, opportunistic, and value-add investment firm that is equipped to operate in all facets of the real estate acquisition process as an investor, developer, and asset manager of commercial real estate. FNRP enhances the value of properties through hands-on management and targeted investments that result in superior, risk-adjusted returns for its investors.
About First National Realty Partners, LLC
125 Half Mile Road Suite 207
Red Bank, New Jersey 07701
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