Author: Doug Kline
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Wilmington’s Coastal Suburbs: A Hidden Gem for Shopping Center Investments
The coastal region of North Carolina is one of the most underrated but fastest-growing areas for commercial real estate investment. Why Invest in Wilmington’s Suburbs? Investment Potential: With limited retail competition, high population growth, and strong economic expansion, Wilmington’s coastal suburbs offer a rare opportunity for investors. Sources: Dig into North Carolina’s Strong Retail Rent…
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Reviewing Properties in Winston-Salem
Doug KlineDoug Kline, PhD, has held income properties in North Carolina for more than 20 years. He holds a North Carolina broker’s license, and is a member of the National Association of Realtors and the Triangle Real Estate Investors Association. A lifelong learner, he holds an MBA and a PhD in business, and continues his…
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Milken Report: Raleigh #1
Raleigh continues to rank high by independent third party groups, the latest being the Milken Institute. See our Raleigh-focused summary of the report below. These types of reports confirm our geographic focus on suburban and exurban communities surrounding Raleigh. We continue to look at neighborhood shopping centers and multi-family for low-risk, stable cash flow in…
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Meetings and Strategy Session
Fun office day with Win and Eddie in the conference room at NC Capital Group HQ. Video calls with architects, contractors, attorneys, etc. Great meeting with our securities attorney, Tilden Moschetti, on the launch of our next investment deal. Always a lot to learn, and I couldn’t be hanging out with a better set of…
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Wolfspeed $5B Facility Nears Completion in Siler City
As of February 2025, Wolfspeed is nearing the completion of its Siler City manufacturing facility. The company remains on track to begin production by early 2025, aligning with its goal to meet the growing demand for silicon carbide semiconductors. In September 2022, Wolfspeed, a leader in silicon carbide technology, announced plans to establish the John…
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Increased Real Estate Opportunities in Non-Urban Locations
1. What’s the Evidence That People Are Moving Away from Big Cities? U.S. Census Data Moving and Postal Service Data 2. Why Are People Moving Away from Cities? 3. Benefits of Living in Non-Urban Areas 4. What Does This Mean for Retail Sales? 5. How Does This Affect Housing Prices? Summary In recent years, particularly…
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Checking out a neighborhood shopping center
Took a road trip to check out a neighborhood shopping center. A lot of good things about this one: heavily trafficked cross roads location, new Food Lion, good basic tenants, etc. Full busy parking lot for a weekday at 2pm. Doug KlineDoug Kline, PhD, has held income properties in North Carolina for more than 20…
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2024 Continues Net Migration into North Carolina
In 2024, North Carolina experienced remarkable net migration, further establishing itself as one of the fastest-growing states in the United States. Driven by affordability, a thriving job market, and a high quality of life, the state attracted thousands of new residents. This influx was particularly pronounced in certain counties and cities, reshaping the state’s demographic…
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Wake Forest and Zebulon
Looking at properties in Wake Forest today. The Heritage housing and retail developments all look healthy and vibrant and continue to grow. Drove through Zebulon on the way back. Both Wake Forest and Zebulon have quaint historic downtown areas that are revitalized and growing. Stopped by McLean’s Ole Time Cafe in Zebulon for lunch, and…
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The Kingsboro CSX Select Megasite
Our take: A CSX Select rail site located east of Raleigh in an opportunity zone near I-95, the site is attractive for industrial and manufacturing. Occupation of this site would impact the nearby ex-urban towns of Rocky Mount, Tarboro, and Wilson, with increase demand for apartments and bread-and-butter retail. The Kingsboro CSX Select Megasite, located…