505 W Franklin

505 W Franklin is a mixed use building located on Franklin Street in Chapel Hill, less than a mile from the University of North Carolina campus. Originally designed for connectivity as part of The Central, the approximately 22,000 square foot building consists of retail and office/service tenants due to the location along Franklin Street.

Status: Active

Portfolio: Northpond Fund IV, LP

Acquisition Date: June 2021

Strategy: Redevelopment

Neighborhood: Downtown

MSA: Chapel Hill

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