NorthPoint Development is a privately held commercial real estate operating company that develops, acquires, leases, and manages Class A industrial properties, multifamily communities, and data center sites. Founded by Nathaniel Hagedorn, the company traces its roots to 2008 when Hagedorn formed Briarcliff Realty with Charles Garney. In 2012, Hagedorn acquired Garney's ownership stake and renamed the company NorthPoint Development. NorthPoint operates across more than 28 states and manages an industrial portfolio exceeding 150 million square feet, alongside over 6,800 multifamily units developed primarily in the Kansas City market. The company has invested over $20 billion in real estate assets and maintains $20.9 billion in assets under management as of 2026. NorthPoint's investment approach targets value-add opportunities, including properties acquired at discounts to replacement cost with below-market rents that can be reset. NorthPoint provides in-house services spanning site acquisition, entitlements, construction, leasing, property management, and asset management, serving major tenants including Amazon, Walmart, Target, PepsiCo, Adidas, Ulta Beauty, Thrive Market, and Staples across its portfolio.