First National Realty Partners buys N.Y. shopping center

First National Realty Partners, a Red Bank-based real estate investment firm, has acquired a grocery-anchored shopping center in Lockport, New York, it announced.

The deal for Tops Plaza, 5287 S. Transit Road, represents FNRP’s second acquisition announced this week.

The property comprises 166,634 square feet and is 97% occupied, including with a 92,000-square-foot Tops grocery store.

“Tops Plaza is a prime example of a market-dominant center,” Matt Annibale, FNRP’s director of acquisitions, said in a prepared statement. “Tops performs exceptionally well here, and is complemented by a variety of other marquee tenants such as TJ Maxx, Five Below and Shoe Department.”

A Cushman & Wakefield team of Andrew Merin, David Bernhaut, Gary Gabriel, Brian Whitmer, Max Helfman and Ben Borruso represented the seller in the transaction.