#United States #commercial real estate #Red Bank #First National Realty #retail properties

First National Realty Partners Reports Robust Growth in 2025

First National Realty Partners (FNRP), a prominent player in private equity commercial real estate, has closed the year 2025 on a high note. The firm conducted over $200 million in capital markets activities, demonstrating significant confidence from investors in the necessity-based retail sector. Moreover, FNRP successfully leased an impressive 1.5 million square feet of space, marking one of its most active years yet.

A Year of Strategic Transactions

FNRP’s diverse activities included various types of real estate transactions such as acquisitions, dispositions, and refinancing. These collective efforts not only underpin the company's robust strategy but also reflect the prevailing demand for retail spaces essential to daily life.

Among the notable transactions executed in 2025 was the acquisition of Salisbury Marketplace located in Salisbury, North Carolina. Additionally, FNRP made strategic dispositions of properties such as City Center Crossing in Sandy Springs, Georgia, and Premier Center in Canton, Michigan. The refinancing of Brook Highland Plaza in Birmingham, Alabama, further solidified FNRP’s strategic positioning in the market.

Michael Hazinski, Chief Investment Officer at FNRP, stated, "Our performance underscores the sustained interest from both debt and equity investors towards necessity-based retail. The volume of our transactions throughout 2025 highlights not only the sector's strength but also our market-leading portfolio due to our integrated approach."

Leasing Performance Highlights

In terms of leasing activity, FNRP recorded over 1.5 million square feet in total leases for the year. This figure includes 273,882 square feet of new leases along with over 1.26 million square feet in renewals and extensions, emphasizing tenant commitment. Notably, the fourth quarter saw a significant acceleration in leasing, with 323,188 square feet attributed to new leases and tenant renewals, contributing to the high occupancy rates across its properties.

Sam Collier, Chief Revenue Officer at FNRP, noted, "The surpassing of 1.5 million square feet in total leasing activity, mostly driven by renewals, signifies our tenants' long-term commitment to our centers. This achievement showcases our team's ability to increase occupancy levels and facilitate growing cash flows throughout the portfolio."

FNRP’s commitment to strengthening its position in the retail market was further recognized when it was named among the top commercial real estate owners in the nation by Commercial Property Executive. This acknowledgment has validated the company’s efforts and achievements during a year characterized by robust market engagement.

Looking Ahead

Entering 2026, FNRP remains focused on executing its disciplined strategy to enhance its necessity-based retail portfolio. The firm’s ability to adapt to market demands while maintaining high occupancy levels in its properties positions it favorably for future growth.

FNRP is not just a commercial real estate firm; it acts as a safeguard for investors seeking institutional-quality assets, specializing in necessity-based retail across the United States. By overseeing the entire investment cycle—from acquisition to disposition—FNRP creates sustainable value for its investors, assuring them of continual returns in a turbulent market.

For more insights and updates on FNRP’s activities, interested parties can visit FNRP’s official website. Stay tuned for updates as FNRP looks into the upcoming quarters with optimism and a strong commitment to excellence in the retail real estate sector.