Retail: necessity-based centers and net-lease income that endures.

Why we invest in retail

Not all retail is created equal. We concentrate on necessity-based and service-oriented tenants — grocers, pharmacies, quick-service restaurants, medical, and other uses that people visit in person and that resist e-commerce displacement. Grocery-anchored centers draw dependable foot traffic to surrounding tenants, while single-tenant net-lease (NNN) assets deliver long, hands-off income from credit tenants.

How North Pine adds value

We underwrite the strength of the anchor, the health of the trade area, and the durability of each tenant’s business. Net-lease structures shift taxes, insurance, and maintenance to tenants, producing clean income. Where value can be created, we improve tenancy, renew and extend leases, and reposition centers to raise both cash flow and exit value.

What investors can expect

• Durable income from necessity and net-lease tenants
• Long lease terms with contractual rent bumps
• Low landlord operating burden under NNN structures
• Depreciation and inflation-protected cash flow