The Raleigh-Durham metro area, often called the Triangle, is one of the fastest-growing regions in the country. Its suburbs are benefiting from major job growth, new infrastructure, and an influx of residents seeking affordability outside the urban core.
Why Invest in Raleigh-Durham’s Suburbs?
Explosive Population Growth: Johnston County added 17,600 new residents from 2020-2022, making it one of the fastest-growing areas in the state.
Retail Demand Outpacing Supply: Retail vacancy in Raleigh is just 2%, creating strong demand for new shopping centers.
Economic Drivers: Apple’s upcoming RTP campus and expanding biotech companies are fueling job and wage growth.
Hot Suburban Markets: Clayton, Garner, Apex, and Fuquay-Varina are among the fastest-growing communities.
Investment Outlook
With low vacancy rates, rising rents, and a growing customer base, Raleigh’s suburban markets are prime for neighborhood shopping center investments.
Sources:
Dig into North Carolina’s Strong Retail Rent Growth
Fastest Growing Suburb In America Is This Sleepy North Carolina Town With Affordable Homes
America’s 50 Fastest-Growing Suburbs With Home Values Under $500,000
North Carolina Now Home to Over 11 Million People
How is North Carolina Population Change Occurring?
When North Carolinians Move Across County Lines
Latest Population Estimates Show Most NC Counties and Municipalities Growing
Most Counties Share in NC’s Continued Growth
NC to Become 7th Most Populated State in Early 2030s
Win Coleman, CCIM, is a graduate of East Carolina University where he received his bachelor’s degree in finance. He holds both North Carolina and South Carolina Real Estate Licenses and was awarded the prestigious CCIM (Certified Commercial Investment Member) designation in 2008.
Win served on the board of directors of The Triangle Apartment Association (TAA) where he co-chaired The Independent Rental Owner’s Council (IROC). He is a member of the International Council of Shopping Centers (ICSC), the Triangle Commercial Association of Realtors (TCAR) and the Raleigh Kiwanis Club.
While a specialist in site identification, evaluation and acquisition for investors and businesses, he also has extensive experience in brokerage, leasing, property management and investment sales.
Win assists in managing The Coleman Group, LLC, which owns a portfolio of investment properties, and he is a member of our acquisitions committee. He has lifelong experience and love for historic properties including the one he restored and where he resides in Historic Oakwood in Downtown Raleigh.