North American Properties buying Birkdale Village
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Birkdale Village will be sold to North American Properties for an undisclosed amount, according to sources. The 66-year-old North American has developed more than $7 billion in properties, including 22 million square feet of commercial space and 19,000 residential units in 15 states.
The mixed-use project in Huntersville is apparently in store for a makeover inspired by North American’s highly successful Avalon development in Alpharetta, Ga.
Neither officials at North American nor Birkdale Village, which is owned by Nuveen/DDRTC Birkdale Village LLC, responded for comment.
However, the deal is expected to close soon.