Tag: North Carolina
-
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…
-
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…
-
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…
-
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…
-
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…
-
North Carolina Megasites
North Carolina benefits from a host of entities working on economic development. Economic development drives population growth and prosperity, which positively impact our real estate acquisition targets: Apartments and Bread-and-Butter Retail. A megasite is a large, strategically prepared parcel of land—often hundreds or even thousands of acres—designed specifically to attract large-scale industrial, manufacturing, or logistics…
-
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…
-
Fortune 500 Companies Eye Raleigh
Raleigh is attracting the attention of some of the largest firms in the nation. According to Kyle Touchstone, the city’s economic development director, several Fortune 500 companies are eyeing the city for potential expansions. While Touchstone didn’t provide specifics, he mentioned that his team is currently working on 16 active economic development projects. Among them,…
-
North Carolina Recognized by Business Facilities Magazine 2024 Rankings
Business Facilities magazine ranks states on factors of concern for business seeking to locate a facility or expand their presence. Once again, North Carolina shows its desirability on a number of dimensions. An attractive business climate is good for the future of real estate investments. North Carolina 2024 Rankings external links Business Facilities’ 20th Annual…
-
$1.4B Battery Gigafactory for Edgecomb County
Natron Energy to invest $1.4 billion in a sodium-ion battery manufacturing plant at the Kingsboro Megasite in Edgecombe County, North Carolina. This investment is expected to create over 1,000 jobs, with an average wage well above the local median, directly impacting employment in Rocky Mount and surrounding areas. Over a 12-year period, the project is…