News

Northpond Partners of Chicago has bought more property in the city, this time five lots at Falls River Town Center for a combined $31.5 million.

Chicago investment firm on track to add even more life to historic rail station on the Southside

Marietta mixed-use positioned for ‘activation’ under new ownership.

Loden Properties and Northpond Partners have once again teamed up to buy a prime Triangle property, this time in the heart of downtown Raleigh.

Chicago firm Northpond Partners and Raleigh-based Loden Properties teamed up to pay $38.4 million for the South Hills Mall and Plaza in Cary. It’s the pair’s latest in a string of recent investments in the area.

Northpond Partners, an investment firm that specializes in commercial real estate projects in historic and redeveloping parts of U.S. cities, has purchased the Terminal Station that was built by the Southern Railway in 1909 and served as an entryway to Chattanooga for rail passengers for nearly a century.

Northpond Partners recently announced it has acquired Packard Place in Charlotte, North Carolina. The mixed-use building totals 95,128 square feet and is centrally located at 222 South Church Street in downtown Charlotte, which is home to retail and office tenants including Ink N Ivy, Not Just Coffee, Arts &  Science Council, and Insight Enterprises.

Plans for a new hotel in downtown Chapel Hill appear to have fallen through as a new ownership group has acquired the property with future plans for the site yet to be determined.

A pair of developers are teaming up yet again on a project in the Triangle, this time with plans to convert a century-old building in Raleigh’s Glenwood South into a mixed-use development.

The Gateway Plaza project will be Northpond’s 12th investment in the Triangle. Most recently, the company repositioned and sold the historic Creamery property in downtown Raleigh. New York-based Turnbridge Equities paid $34.7 million for the property in late March.