Tag: Morrisville NC
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Novartis’ $771M Expansion Signals Another Surge in Triangle Life-Sciences Growth
When a global pharmaceutical leader commits three-quarters of a billion dollars to expand in the Triangle, it’s another clear signal of where economic gravity is shifting. Novartis’ announcement—700 new high-paying jobs and more than 700,000 square feet of combined manufacturing and packaging space across Durham and Morrisville—reinforces what many already know: North Carolina’s life-sciences engine…
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Coriolis Pharma’s Expansion into Morrisville Marks Another Win for North Carolina’s Life Sciences Sector
Germany-based formulation leader Coriolis Pharma will invest $10 million to establish its first U.S. lab and headquarters in Morrisville, NC. With 50 new jobs and a state-of-the-art facility set to open in 2026, the move strengthens the Research Triangle’s position as a global hub for life sciences—and opens up real estate opportunities for savvy investors.…
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Biogen’s $2 Billion RTP Expansion Bolsters Life Sciences—and Real Estate—in the Triangle
Biogen is doubling down on North Carolina. In a major economic development announcement, the global biotechnology leader will invest $2 billion to expand its manufacturing footprint in Research Triangle Park (RTP), strengthening the state’s position as a top-tier life sciences hub and creating new real estate opportunities across Wake and Durham counties. Biogen’s Expansion: $2…
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NC’s First Standalone Children’s Hospital Will Transform Apex—and the Region
North Carolina’s first-ever freestanding children’s hospital is coming to Apex, and with it, a multi-billion-dollar infusion of public, private, and philanthropic investment that promises to reshape Wake County and beyond. Anchored by a 500-bed facility and thousands of new jobs, this transformational project represents the best of what government, academia, and healthcare can achieve together.…
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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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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…