First National Realty Buys Grocery-Anchored Store in Williamsport, PA

289,000 square foot shopping center expands firm’s grocery-anchored portfolio

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First National Realty Partners added the 289,000 square-foot Loyal Plaza to its grocery-anchored shopping center portfolio.

Loyal Plaza is anchored by a 67,000 square-foot Giant Food Store that has been a tenant at the center since 1999. The center’s tenant roster also features a mix of national retailers, including a brand-new Hobby Lobby and Planet Fitness, as well as Rite Aid, Advance Auto Parts and BB&T bank.

The shopping center is located along Williamsport’s main corridor, 3rd Street. It sits less than one mile from I-180, a tributary to I-80 offering connections to major markets including Philadelphia and Pittsburgh. The center pulls not only from the immediate area – with a daily traffic count of over 50,000 vehicles – but also from surrounding market points.

Colin Behr and Chris Munley of JLL represented the seller in the Loyal Plaza transaction.

FNRP’s Pennsylvania portfolio also includes Saucon Valley Square in Bethlehem, Dauphin Plaza in Harrisburg, Summerdale Plaza in Enola, Penn Hills Shopping Center in Pittsburgh, Village at Pittsburgh Mills in Tarentum, and Richland Marketplace in Quakertown.