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In the LimeLight: CBRE awarded leasing assignment for Northgate redevelopment in Durham


by Special to WRAL TechWire January 13, 2021 .
Editor’s note: LimeLight, the newest addition to WRAL TechWire’s growing lineup, offers ways for companies and individuals to bring more attention to their efforts.
RALEIGH – CBRE Retail Services, Investor Leasing and Life Sciences groups are pleased to announce they have been awarded leasing responsibilities by Northwood Investors for its redevelopment of the former Northgate Mall just north of Downtown Durham along I-85 in Durham, NC. Northwood Investors’ in-house management platforms, Northwood Ravin, Northwood Retail, Northwood Office, and Northwood Hospitality, will work together to transform the site into a mixed-use development across 55 acres. ....

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Iconic downtown Charleston hotel and restaurant changing hands after 27 years


After 27 years of continuous local ownership, an iconic downtown hotel and its signature restaurant have been sold. 
The Planters Inn and its Peninsula Grill at Market and Meeting streets are now under the ownership of Northwood Investors, a privately held real estate investment and management firm. 
The deal was finalized Thursday. The sale price was not disclosed. 
Former investment banker and Charleston native Hank Holliday has owned the property for nearly three decades. He led its restoration, founded the Peninsula Grill and helped to transform the City Market area.
In recent years, Holliday has downsized.
In 2015, he sold the ground lease to the nearby DoubleTree Hotel, which in July was reopened after a full makeover as the boutique concept Emeline, to an Ohio real estate firm for an undisclosed price. That deal included Hank s Seafood restaurant on Hayne Street. ....

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