401 Hillsborough

401 Hillsborough is a 30,000-sf mixed-use property situated between Raleigh’s Warehouse District & Glenwood South neighborhood on Hillsborough Street. The property spans ¾ of a city block in Downtown Raleigh and is an assemblage of three buildings and three surface parking lots, with current tenancy including Exploris Charter School, two food and beverage users, and a set of office suites.

Status: Active

Portfolio: Northpond Fund IV, LP

Acquisition Date: December 2021

Strategy: Cash Flow + Redevelopment

Neighborhood: Glenwood South/Warehouse District

MSA: Raleigh

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