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In May 2022, joint venture partners North American Properties, Nuveen Real Estate, and Taconic Partners acquired Ridge Hill with plans to modernize the 74-acre lifestyle center through value-add investments. Construction is now underway on Phase I, which will transform the Center into a more pedestrian-friendly, human-centric environment by expanding and elevating the public realm.
To complement the physical improvements, ownership aspires to re-merchandise the Center with top-tier local and NYC-inspired food and beverage concepts as well as popular lifestyle brands.
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About North American Properties Atlanta
Headquartered in Cincinnati, Ohio, North American Properties (NAP) established its Atlanta office in 1996 to focus on retail real estate. Today, NAP Atlanta (NAPA) has evolved into a boutique, full-service owner/developer specializing in value-add, opportunistic investments of under-appreciated mixed-use assets. Applying a hands-on, high-touch approach toward management, NAPA doesn’t build shopping malls or lifestyle centers, it transforms destinations into magnets of social experience. Ever-engaged with local municipalities, nonprofits and tastemakers, NAPA plants roots in every market it serves – creating lasting, community-driven bonds. Its carefully curated, hospitality-infused portfolio currently includes Avalon in Alpharetta, Ga.; Avenue East Cobb in Marietta, Ga.; Birkdale Village in Huntersville, N.C.; Colony Square in Midtown Atlanta; Mercato in Naples, Fla.; Newport on the Levee in Newport, Ky.; Ridge Hill in Yonkers, N.Y.; Riverton in Sayreville, N.J.; and The Forum in Peachtree Corners, Ga. For more information, visit leasing.naproperties.com.
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