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Neighborhood retail occupies a distinct position in the U.S.
commercial property stack: assets serving necessity-driven tenants within residential trade areas, with returns tied to local demographics and daily visit patterns rather than to single-tenant credit or regional drawing power.
Charlotte-based Asana Partners has closed a capital partnership with Norges Bank Investment Management, forming a new vehicle named Asana Partners Strategic Partners I (APSP) to target high-quality U.S.
What the vehicle targets APSP's stated focus is high-quality neighborhood retail in the United States.
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