Tag: Concord NC
-
What It Means for Real Estate When NC Builds the Glass That Powers AI
The AI buildout runs on glass fiber, and North Carolina makes most of America’s supply. In May, NVIDIA committed up to $3.2 billion to expand Corning’s U.S. manufacturing, part of a wave of advanced-manufacturing investment landing in Catawba County’s fiber corridor. The data centers grab the headlines, but the durable real-estate story is the workforce…
-
Charlotte and Raleigh Rank in America’s Top 5 for Job Growth
NewHomeSource highlighted the top U.S. cities for job growth in 2025, with Charlotte and Raleigh both landing in the top five nationwide. That recognition isn’t just a headline—it reflects real economic momentum in North Carolina’s largest metros, backed up by Bureau of Labor Statistics (BLS) data. According to the BLS Current Employment Statistics, both metros…
-
Citigroup’s $16M Investment in Charlotte Brings High-Paying Jobs—and Opportunity for Real Estate Investors
Citigroup has announced a major expansion in North Carolina, selecting Charlotte as the site for a new office facility that will create 510 high-paying jobs. Backed by a $16.1 million investment, the project will support roles in personal banking, finance, and marketing, with an average salary of $131,832—nearly double the metro average. The announcement, made…
-
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…
-
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…
-
The Grounds Megasite
Our take: This is an established site that has attracted development on the Northaastern side of Charlotte along I-85. The megasite continues to attract warehouse and manufacturing, increasing the population of cities such as Concord and Kannapolis. The Grounds Megasite, formerly known as the Philip Morris plant, is a significant industrial property located in Concord,…