New vision calls for Raleigh retail center to become a mixed-use destination

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.

Sold: Historic building on Glenwood in downtown Raleigh part of $34 million deal

New York City-based Turnbridge Equities paid $34.7 million for the nearly-century-old Creamery building and two adjacent parcels in downtown Raleigh’s Glenwood South neighborhood earlier this week. The seller was Chicago-based Northpond Partners.

Historic Latta Arcade property in uptown bought by Chicago real estate firm

Chicago-based Northpond Partners last week acquired the two-story building, which serves as a home to several retailers, for $7.5 million

Calhoun Square may get cut in half by new owner

Northpond Partners, the Chicago real estate firm that bought Uptown’s Calhoun Square last fall, is considering a significant renovation that would slice the high-profile property in half and create an open-air pedestrian walkway through its midsection.

Chicago investment firm buys Calhoun Square for $34.5 million and plans to make changes

“We are super cognizant and understand that Calhoun Square has not been working,” Ankin said, in an interview Thursday morning. “We really believe that’s not because of the location or the neighborhood. That’s because of the mix of the building and the wrong tenants.”

WakeMed set to take over Post Office building in Cameron Village

WakeMed announced Tuesday that it would be redeveloping the mid-century building at 505 Oberlin Road into a medical office building.

Paster Properties, Northpond Partners acquire pair of buildings in Minneapolis

St. Louis Park, Minnesota-based Paster Properties has partnered with Chicago-based Northpond Partners to acquire The Broadway in Northeast Minneapolis and Icehouse Plaza in South Minneapolis. The purchase closed Dec. 19.

Northpond’s Founder & Managing Principal Sam Ankin has been named “4 Under 40” by the International Council of Shopping Centers

In every generation there are those who strive to make a difference. And surely, the retail real estate industry teems with opportunities for talented people. The recipients of ICSC’s third annual 4 Under 40 Awards can be said to have embraced the possibilities with gusto. This year’s honorees are Sam Ankin, co-founder and a managing principal of Northpond Partners . . .

Day Care Building On Damen Sells For $5.1M; Retail Or Restaurant Planned

“The highly competitive sale had more than 20 offers and the seller chose Northpond Partners since its proposed redevelopment will utilize the existing structure. The new owner plans an adaptive re-use of the distinctive property which was built in 1904,”
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