Fink's Jewelers will open later this year in the North Hills corner retail space occupied by Jolly's Jewelers, which announced plans to close in December.
Fink's operates 17 stores in Virginia and North Carolina, including three locations in the Triangle area at Streets at Southpoint in Durham, Cary Towne Center and Triangle Town Center in north Raleigh.
"North Hills really is an incredible development, and we have admired what Kane Realty has done with this property," said Mark Fink, president of the family-owned company that was started in 1930.
Kane Realty manages the sprawling North Hills development.
Jolly's owner Frank Ragsdale announced in late 2011 plans to retire and close the family's jewelry store, which has been continuously operated in the Triangle since 1881. There is no set date for the store's closure.