Author: Doug Kline
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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…
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Migration to North Carolina: Which States are People Coming From?
People continue to move to North Carolina, which we like to see for our real estate investments. From 2020-2023, North Carolina ranks 3rd in the nation for positive population change. State population changes are affected by births and deaths, but also by migration from one state to another. Part of North Carolina’s increase in population…
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Forge Nano Invests $165M in Morrisville, Creating 200 High-Paying Jobs by 2026
Forge Nano recently announced plans to establish a lithium-ion battery manufacturing facility in Morrisville, North Carolina, marking a significant investment of over $165 million. The plant, set to begin operations in 2026, will produce advanced lithium-ion cells using Forge Nano’s proprietary Atomic Armor technology. This development positions North Carolina as a major player in the…
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Boviet Solar invests $294 Million in Greenville to Create Nearly 1000 Jobs
Update as of Dec 8 2025: As of April 2025, Boviet Solar’s Greenville PV-module factory officially opened and began producing solar panels — moving the project beyond its planning phase. In September 2025 the company added a third production line, increasing annual module output capacity to 3 GW. Meanwhile, construction of a companion PV-cell manufacturing…
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Kitchen Cabinets
Keeping this project moving forward. Installed the cabinets so the flooring sub can work while I’m traveling. Finding good contractors who are available has been an issue, so I did it myself to keep the ball rolling. Huge improvement over the previous kitchen. Doug KlineDoug Kline, PhD, has held income properties in North Carolina for…