{"id":1004637538,"date":"2023-01-04T06:49:03","date_gmt":"2023-01-04T14:49:03","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004637538"},"modified":"2023-01-04T06:52:26","modified_gmt":"2023-01-04T14:52:26","slug":"first-national-realty-buys-alabama-retail-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/first-national-realty-buys-alabama-retail-center\/","title":{"rendered":"First National Realty Buys Alabama Retail Center"},"content":{"rendered":"<div id=\"attachment_1004637540\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/Cullman-Shopping-Center.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004637540\" data-attachment-id=\"1004637540\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/first-national-realty-buys-alabama-retail-center\/cullman-shopping-center\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/Cullman-Shopping-Center.png\" data-orig-size=\"640,480\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Cullman Shopping Center\" data-image-description=\"&lt;p&gt;Cullman Shopping Center. Image courtesy of First National Realty Partners&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Cullman Shopping Center. Image courtesy of First National Realty Partners&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/Cullman-Shopping-Center.png?w=640\" class=\"wp-image-1004637540 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/Cullman-Shopping-Center.png?w=300\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/Cullman-Shopping-Center.png 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/Cullman-Shopping-Center.png?resize=300,225 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004637540\" class=\"wp-caption-text\">Cullman Shopping Center. Image courtesy of First National Realty Partners<\/p><\/div>\n<p><strong>First National Realty Partners <\/strong>has acquired a 304,935-square-foot retail center in Cullman, Ala. <strong>SRS<\/strong>&#8216;s Kyle Stonis represented the seller in the transaction.<\/p>\n<p>The grocery-anchored Cullman Shopping Center encompasses 27 stores on a 25-acre site. The property has been anchored by a 45,600-square-foot Publix Food Store since 2015. Other tenants include ULTA Beauty, Ross Dress for Less, Belk, Five Below, PetSmart and Dick\u2019s Sporting Goods. At the time of the transaction, the complex had three spaces available for rent, totaling 18,000 square feet.<\/p>\n<p>Situated in one of the state\u2019s fastest-growing counties, Cullman Shopping Center is located off U.S. Highway 31, midway between Birmingham, Ala. and Huntsville, Ala. In prepared remarks, FNRP Senior Director of Acquisitions Matt Annibale acknowledged the retail center\u2019s potential, due to its high-quality tenant roster and location.<\/p>\n<p>The buyer holds a fast-growing retail portfolio. The company entered the Alabama market in the beginning of 2022 and, with the addition of Cullman Shopping Center, now owns four properties in the state. The firm recently purchased its first Nevada asset,<a href=\"https:\/\/www.commercialsearch.com\/news\/first-national-realty-partners-enters-nevada-market\/\"> a 586,000-square-foot, grocery-anchored retail center<\/a> in Las Vegas.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 305,000-square-foot shopping center is anchored by a Publix Food Store.<\/p>\n","protected":false},"author":3014,"featured_media":1004637540,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21783,21742,21749],"tags":[47474],"class_list":["post-1004637538","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-latest","category-retail","tag-srs"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>First National Realty Buys Alabama Retail Center - CPE<\/title>\n<meta name=\"description\" content=\"First National Realty Partners has acquired a 304,935-square-foot, Publix-anchored retail center in Cullman, Ala.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/first-national-realty-buys-alabama-retail-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"First National Realty Buys Alabama Retail Center\" \/>\n<meta property=\"og:description\" content=\"First National Realty Partners has acquired a 304,935-square-foot, Publix-anchored retail center in Cullman, Ala.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/first-national-realty-buys-alabama-retail-center\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-04T14:49:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-04T14:52:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/Cullman-Shopping-Center.png\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Diana Firtea\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/first-national-realty-buys-alabama-retail-center\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/first-national-realty-buys-alabama-retail-center\/\",\"name\":\"First National Realty Buys Alabama Retail Center - CPE\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/first-national-realty-buys-alabama-retail-center\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/first-national-realty-buys-alabama-retail-center\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/Cullman-Shopping-Center.png\",\"datePublished\":\"2023-01-04T14:49:03+00:00\",\"dateModified\":\"2023-01-04T14:52:26+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/a0c04b9de1387474e28c9ebdb0444e59\"},\"description\":\"First National Realty Partners has acquired a 304,935-square-foot, Publix-anchored retail center in Cullman, Ala.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/first-national-realty-buys-alabama-retail-center\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/first-national-realty-buys-alabama-retail-center\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/first-national-realty-buys-alabama-retail-center\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/Cullman-Shopping-Center.png\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/Cullman-Shopping-Center.png\",\"width\":640,\"height\":480,\"caption\":\"Cullman Shopping Center. 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