We are pleased to announce the acquisition of Summit Square, a grocery-anchored shopping center located at 7104 South Sheridan Road, Tulsa, OK 74133. Summit Square is a 166,552 SF shopping center that is 96% occupied and anchored by a 66,455 square foot Reasor’s Supermarket. Reasor’s is a local grocer and subtenant of their wholesaler, Associated Wholesale Grocers, the largest cooperative food wholesaler to independently owned supermarkets in the country. The property is located approximately 10 miles southeast of downtown Tulsa and adds to FNRP’s rapidly growing portfolio of premier real estate assets throughout the United States.
“We are excited to add Summit Square to our portfolio, which represents our first acquisition in Oklahoma”, said Matt Annibale, Senior Director of Acquisitions at First National Realty Partners. “Reasor’s recently completed a multimillion-dollar renovation which will help establish Summit Square as being one of the premier shopping centers in the area”. In addition to Reasor’s, the center also features a strategic roster of internet-resistant, daily needs tenants.