The top sponsor of grocery-anchored commercial real estate partnerships, First National Realty Partners (FNRP), closed on its latest acquisition, Hooksett Village. Hooksett Village is a 73.9% occupied, institutional-quality, market dominant, 248,959 square foot grocery-anchored shopping center in Hooksett, New Hampshire.
Hooksett Village is anchored by a 56,000 square foot Shaw’s grocery store, which has operated at this center since 1988. Hooksett Village also contains several junior anchors, including Tractor Supply, Jo-Ann Fabric, and Ocean State Job Lots. This mix of strong credit tenants along with long-standing in-line tenants provides FNRP and it’s partners with stable cash flow.
“We are excited about the acquisition of Hooksett Village, which has a tremendous mix of best in class national and regional tenants. We are thrilled about continuing a long-term relationship with Shaw’s and the opportunity to lease over 64,000 square feet of value-add vacancy with multiple national retailers.” Fred A. Battisti, Jr., Managing Director – Head of Leasing of FNRP
Other property details can be found on FNRP’s website.
