North Carolina benefits from a host of entities working on economic development. Economic development drives population growth and prosperity, which positively impact our real estate acquisition targets: Apartments and Bread-and-Butter Retail.

A megasite is a large, strategically prepared parcel of land—often hundreds or even thousands of acres—designed specifically to attract large-scale industrial, manufacturing, or logistics investments. These sites are typically certified as “shovel-ready,” meaning they have completed essential preparations like environmental assessments, zoning, and infrastructure development (such as road, rail, utility, and water access). This readiness makes it easier and faster for companies to set up large facilities, often leading to substantial job creation, population growth, and economic development in the surrounding area.

We follow the development of megasites and associated agreements and announcements to understand the future needs in multifamily and retail investments.

Here are the currently (Nov 2024) available Megasites in North Carolina .

International Logistics Park near Wilmington, NC

Kingsboro CSX Select Megasite near Raleigh, NC

Mid-Atlantic Industrial Rail Park Megasite near Wilmington, NC

Great Meadows Megasite between Charlotte, NC and Asheville, NC

Chatham-Siler City Megasite near Siler City, NC

Here are past megasites that have been purchased and/or developed. These are evidence that the NC megasites work by attracting investment in North Carolina.

Person County Megasite near Roxboro, NC

Grounds Megasite near Charlotte NC

Piedmont Triangle International Aerospace Center near Greensboro NC

Triangle Innovation Point near Research Triangle Park

Greensboro-Randolph Megasite near Greensboro NC