Category: North Carolina
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Economic Impact of Johnson & Johnson’s New Wilson, NC Facility
Economic Impact of Johnson & Johnson’s New Wilson, NC Facility In our September blog post, we noted the announcement of Johnson and Johnson’s planned pharmaceutical manufacturing campus in Wilson, NC. This article digs deeper into the economic impact and the effects on population, housing, and retail. 1. Facility Location and Regional Access Johnson & Johnson…
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The Growth of Halo Counties in North Carolina
As I was writing Top Suburban Markets in North Carolina for Neighborhood Shopping Center Investments, I saw a way to use that data to further confirm what the news has been saying: that people are migrating to North Carolina, and that they are moving to the suburbs. We’ve been calling these areas around the urban…
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The Counties in NC Attracting Retirees
North Carolina offers a variety of counties that are particularly attractive to retirees, each with unique features that cater to the interests and needs of those seeking a fulfilling retirement. Here are five top counties in the state that are drawing retirees: 1. Carteret County Located along North Carolina’s Crystal Coast, Carteret County is renowned…
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NC County Population Increases
A quick analysis using the data from NC’s Office of State Budget and Management. The data lags by about 2 years, but suggests future trends and is in alignment with development news. I’m looking at just the top 10 counties in North Carolina by annual percentage population increase in years 2020, 2021, and 2022, and…
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Top Suburban Markets in North Carolina for Neighborhood Shopping Center Investments
North Carolina is experiencing a population and economic boom, making it one of the best states for real estate investment. Suburban areas, in particular, are thriving as people seek more space while still benefiting from proximity to major cities. This trend is fueling demand for neighborhood shopping centers, which serve as essential hubs for grocery…
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The NC Triad’s Suburban Retail Market is Heating Up
While the Triad (Greensboro, Winston-Salem, and High Point) has historically been a slower-growing region, recent economic investments are shifting the narrative. Why the Triad’s Suburbs Are a Smart Investment: Investment Prospects: Retail properties in the Triad suburbs offer high yields and long-term growth potential due to new job creation and increasing consumer spending. Sources: Dig…
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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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Why Charlotte’s Suburbs Are Prime for Shopping Center Investments
Charlotte’s metro area is seeing unprecedented suburban expansion, making it a prime location for neighborhood shopping center investments. What Makes Charlotte’s Suburbs Attractive? Investment Opportunity: Charlotte’s suburban retail properties provide stable occupancy, increasing rents, and high foot traffic—key indicators of a profitable investment. Sources: Dig into North Carolina’s Strong Retail Rent Growth Fastest Growing Suburb…
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Investing in Neighborhood Shopping Centers in the Raleigh-Durham Suburbs
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…
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NC Report Predicts 700,000 Housing Units Needed by 2029
A recent report by the NC Chamber Foundation, in collaboration with the North Carolina Home Builders Association and NC REALTORS®, reveals a significant housing shortage in North Carolina that spans all income levels and regions. The study projects that between 2024 and 2029, the state will experience a 5% increase in households, equating to 218,160…