Northpond Invests $200M to Acquire Retail Centers

Northpond Invests $200M to Acquire Retail Centers

Chicago-based real estate investor and operator, Northpond Partners, has joined forces with a southeast U.S. pension fund to create Northpond Retail Partners – a $200 million evergreen investment vehicle. The partnership will focus on acquiring unanchored neighborhood retail centers in the Southeast and select Sunbelt markets.

With an emphasis on convenience, necessity, and service-oriented tenants such as F&B establishments, medical facilities, fitness centers, and health & beauty businesses; the partnership plans to use all-cash transactions for their acquisitions. Target properties will consist of multi-tenant spaces ranging from 1

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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