Neighborhood Retail Strategy

Northpond owns and operates best-in-class unanchored neighborhood shopping centers in premier submarkets with a focus on tenants that provide convenience retail, service, medical and food and beverage to the neighborhood.

Neighborhood Retail Strategy

Nationwide Portfolio

Neighborhood Retail Strategy

Nationwide Portfolio

Market fundamentals:

  • Top 50 metropolitan areas with diverse economies and positive growth fundamentals

  • Dense, infill or growing submarkets with high barriers to entry, limited vacancy, and strong tenant demand

  • Dominant intersections with strong demographics

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Positioned for Success

Northpond Advantage

Positioned for Success

Northpond Advantage

Expertise

  • Retail focused operator

  • Successful investor across multiple market cycles

Reputation

  • Proven track record of positive performance

  • Relationship driven

Dependability

  • Fully discretionary capital
  • All-cash buyer and streamlined process
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Strategy in Action

Representative Investments

5000 Belt Line Road | Dallas, TX

Addison Walk Shopping Center

Built in 1980 and renovated in 2005, Addison Walk is a 23-suite, 73,744 square foot retail center located in Addison, Texas. The center offers excellent visibility in a densely populated neighborhood and is currently 98% leased to high quality restaurant and service tenants.

Status: Active

Total SF: 74,000

Acquisition Date: February 2025

Neighborhood: Addison

Notable Tenants: Starbucks, Mattress Firm, Benihana, Buffalo Wild Wings, Kenny’s Wood Fired Grill

6065 North Point Parkway | Alpharetta, GA

Alpharetta Shopping Center

Built in 2021 and 2023, Alpharetta Shopping Center is a 24,602 square foot unanchored retail center that sits on the corner of North Point Parkway and Haynes Bridge Road. The center is 100% leased to premier tenants and is located in Alpharetta, an affluent southern suburb of Atlanta.

Status: Active

Total SF: 25,000

Acquisition Date: October 2024

Neighborhood: Alpharetta

Notable Tenants: Snooze AM, T-Mobile, Aspen Dental

US 521 at Jim Wilson Road | Indian Land, SC

Promenade at Carolina Reserve

Built in 2018, Promenade at Carolina Reserve is a 38,815 square foot retail center located in one of the fastest growing retail corridors in the Charlotte MSA. The shopping center includes such national tenants as Starbucks, Panera Bread, Verizon, and Heartland Dental, among others.

Status: Active

Total SF: 39,000

Acquisition Date: July 2024

Neighborhood: Indian Land

Notable Tenants: Starbucks, Panera Bread, Heartland Dental, Verizon

7266 NC-73 | Denver, NC

Catawba Springs

Built in 2007 and 2024, Catawba Springs is a 50,264 square foot retail center comprised of 17 suites, located in Denver, North Carolina (Charlotte MSA), which is currently 100% leased.

Status: Active

Total SF: 50,000

Acquisition Date: October 2024

Neighborhood: Denver, NC

Notable Tenants: Jersey Mike’s, Showmars, Sports Clips, Tropical Smoothie

102 Collins Crossing Road | Holly Springs, NC

Collins Park

Built in 2024, Collins Park is an 8 suite, 19,248 SF retail center located in Holly Springs, NC. The center is currently 100% leased but two tenants (Sweet Frog and Dr. Campbell Orthodontist) are not yet open as the asset has newly been developed.

Status: Active

Total SF: 19,000

Acquisition Date: June 2025

Neighborhood: Holly Springs

Notable Tenants: Mellow Muhsroom, Sweet Frog, Woof Gang Bakery

801 South Washington Street | Alexandria, VA

801 S Washington

Built in 1955 and renovated in 2003, 801 South Washington is a 43,527 square foot unanchored retail center in Old Town Alexandria – and the only multi-tenant strip center in Old Town Alexandria’s southwest quadrant. The asset is 100% leased with a diverse merchandise mix encompassing service, medical, food & beverage, and home improvement.

Status: Active

Total SF: 44,000

Acquisition Date: August 2024

Neighborhood: Alexandria

Notable Tenants: Ace Hardware, M&T Bank, Southside, Mattress Firm

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