Northampton Shopping Center

Northampton Shopping Center is a neighborhood retail center located on Kerry Forest Parkway in Tallahassee, Florida, in the United States. It is a grocery-anchored-style community shopping center of approximately 84,064 square feet, leased to a mix of local and national tenants. According to the property listing maintained by its owner, Time Equities, Inc., the center is 60% leased to 12 tenants. Its largest tenants by rent share are Kinetix Health Club, a regional gym operator with 10 locations (about 25% of rents); Mori Japanese Steakhouse, a local restaurant (about 15%); Red Elephant Grill, a local operator with seven locations (about 14%); and Sherwin Williams, the paint and coatings retailer listed on the New York Stock Exchange (about 8%). Other national and regional retailers at the center include Pizza Hut, The UPS Store, and Beef 'O' Brady's. The center is part of the portfolio of Time Equities, Inc. (TEI), a diversified real estate investment, development, asset and property management, brokerage, and alternative energy firm founded in 1966 by Francis Greenburger. TEI describes a portfolio of approximately 43.2 million square feet of residential, industrial, office, and retail property across 342 properties in 36 U.S. states, five Canadian provinces, and several international markets including Anguilla, Germany, Italy, the Netherlands, and Scotland. Northampton Shopping Center sits within TEI's Southeast U.S. market concentration and is managed locally; the property listing lists Chris Keena as property manager, with contact details at adrealestate.us. As a neighborhood shopping center, Northampton Shopping Center serves the daily retail, dining, fitness, and service needs of its surrounding Tallahassee residential area. Its tenant mix combines destination fitness and dining draws with convenience-oriented service and quick-service retailers, a common strategy for small-format community centers. The center is not a publicly traded entity in its own right; it is a privately held asset within TEI's portfolio, and its performance is tied to local leasing, occupancy, and the broader Tallahassee retail market.

Northampton Shopping Center is a neighborhood retail property on Kerry Forest Parkway in Tallahassee, Florida. Public records and property listings identify it as a shopping center in Tallahassee, and its current owner, Time Equities, Inc., maintains a listing describing it as an 84,064-square-foot neighborhood center that is 60% leased to 12 tenants. The center's tenant roster combines regional and local operators with national brands: Kinetix Health Club, a regional gym with 10 locations, is the largest tenant at roughly 25% of rents; Mori Japanese Steakhouse, a local restaurant, accounts for about 15%; Red Elephant Grill, a local operator with seven locations, accounts for about 14%; and Sherwin Williams, the NYSE-listed paint and coatings retailer, accounts for about 8%. Additional national retailers include Pizza Hut, The UPS Store, and Beef 'O' Brady's. The center's ownership history is tied to Time Equities, Inc. (TEI), a diversified real estate firm founded in 1966 by Francis Greenburger, who began by renting office space on 59th Street in New York City. TEI syndicated its first real estate deal in 1975, entered the co-op and condominium conversion business in New York City in 1979, and began national expansion in 1985 as New York City property prices escalated. Over subsequent decades TEI grew into an investment, development, asset and property management, brokerage, and alternative energy company. Its portfolio today includes approximately 43.2 million square feet of residential, industrial, office, and retail property, about 5,000 multi-family apartment units, roughly 635,000 square feet of pending acquisitions, and 2.8 million square feet in pre-development and development. TEI reports 342 properties across 36 U.S. states, five Canadian provinces, and international markets including Anguilla, Germany, Italy, the Netherlands, and Scotland, with market concentrations in the Northeast, Southeast, Midwest, and West Coast of the United States. Within that portfolio, Northampton Shopping Center forms part of TEI's Southeast retail holdings. The property is managed locally, with Chris Keena listed as property manager and contact details pointing to adrealestate.us. As a small-format neighborhood center, its strategy centers on convenience-oriented tenancy and a mix of fitness, dining, and service retailers that draw repeat visits from the surrounding residential area. No major redevelopment, expansion, or ownership-change events specific to the center are documented in the available evidence.

• 1985

  TEI begins national expansion as New York City property prices escalate.

• 1979

  TEI enters the co-op and condominium conversion business in New York City at distressed prices.

• 1975

  Time Equities syndicates its first real estate deal with friends and family.

• 1966

  Francis Greenburger founds Time Equities, Inc. in New York City, the company that would later own Northampton Shopping Center.

A neighborhood retail center serving daily fitness, dining, and convenience needs in Tallahassee, Florida, held within Time Equities' diversified real estate portfolio.

• Neighborhood retail center (84,064 SF)

  A 60%-leased neighborhood shopping center with 12 tenants on Kerry Forest Parkway, Tallahassee, Florida.

• Kinetix Health Club tenancy

  Regional gym with 10 locations; largest tenant at about 25% of rents.

• Mori Japanese Steakhouse tenancy

  Local restaurant accounting for about 15% of rents.

• Red Elephant Grill tenancy

  Local operator with seven locations, about 14% of rents.

• Sherwin Williams tenancy

  NYSE-listed paint and coatings retailer, about 8% of rents.

• Other national retailers

  Pizza Hut, The UPS Store, and Beef 'O' Brady's.

1. 1Northampton Shopping Center – Time Equities Inc.timeequities.com
2. 2About – Time Equities Inc.timeequities.com
3. 3Third Party Services – Time Equities Inc.timeequities.com
4. 4Northampton Shopping Center – Wikidatawikidata.org