Northwood Retail Opens Regional Office in Charlotte, North Carolina

by Katie Lee

Charlotte, N.C. — Northwood Retail, LLC has expanded its North Carolina presence with the addition of a leasing and management office in Charlotte. The regional office will oversee operations at Blakeney, Blakeney Crossing and Latta Arcade in Charlotte, N.C., as well as support the leasing activity for Waverly Place in Cary, N.C. and Freshfields Village in Kiawah Island, S.C.

As part of the expansion, Raquel Crespo has been appointed as general manager at Blakeney, Blakeney Crossing and Latta Arcade. Crespo has more than 15 years of experience in the shopping center industry and joins Northwood Retail from DDR where she served in various senior marketing and management roles, most recently at Birkdale Village in Huntersville, N.C.

Jonathan Stewart also joins the Charlotte office as director of leasing. He will oversee leasing, tenant relations and strategy for Northwood Retail’s Southeast/Carolinas portfolio. Prior to joining Northwood Retail, Stewart spent 8 years representing owners, financial institutions and select tenants with The Providence Group, a boutique retail brokerage firm.

The Carolinas are a growing market for Northwood Retail, which currently manages four shopping, dining and entertainment destinations in the region: Blakeney and Blakeney Crossing in Charlotte, N.C. (500,000 square feet); Latta Arcade in Charlotte, N.C. (23,000 square feet); Waverly Place in Cary, N.C. (200,000 square feet); and Freshfields Village in Kiawah Island, S.C. (195,000 square feet).

Northwood Retail, LLC is one of three operating companies established by Northwood Investors LLC to manage the firm’s retail portfolio. Northwood Retail applies a disciplined approach towards property management, leasing, development, construction management, accounting and marketing activities. 

Blakeney is a 500,000-square-foot mixed-use development in south Charlotte at the intersection of Ardrey Kell and Rea Roads near Ballantyne. Featured national retailers including Target, HomeGoods/Marshalls, Banana Republic, Victoria’s Secret and Harris Teeter. The center is also home to chic boutiques and a large variety of restaurants. For more information, visit

SOURCE: Northwood Retail, LLC

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