Durham, NC

North Point Center

This retail asset is a 62-acre retail center with approximately 496,200 square feet of leasable space and nearly 1.05 million square feet of land pursuant to a ground lease across six parcels. North Point Center also includes 1.4 million square feet of land ground leased to multiple tenants.

North Point Center is located on North Point Drive approximately two miles from Duke University. Construction on this center began in 1997 and was completed in four phases with construction of the final phase ending in 2009. The retail center is occupied by multiple triple net and ground lease tenants.

Major Tenants — Home Depot, Costco, Harris Teeter, Ross, PetSmart

215,700
square feet
Retail
property type
2009
completed

UPDATE AS OF June 1, 2020: At Armada Hoffler, our goal remains the safety and well-being of our employees, their families and all of our stakeholder groups.  In response to the ongoing COVID-19 pandemic, our offices have pivoted to a phased-in approach consisting of remote work and in office work. We are working every day to remain consistent with guidelines and protocol issued by the state authorities. Implementation of contingency plans for unseen circumstances such as this, allow our employees to conduct business as usual, regardless of office location. We are committed to providing the same support to our partners and tenants as well as continued communication for our investors. We have always been dedicated to the communities around us and devoted to do our part to keep them safe. We will continue to monitor the situation as it progresses and provide updates as needed.