Tag: North Carolina
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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…
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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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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,…
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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…
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$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…
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Jewelers Mutual to Sparkle in Raleigh
Raleigh is adding another gem to its crown! Jewelers Mutual Insurance Company is bringing its sparkle to the Triangle with plans to establish a new innovation hub in the city. This exciting development will create 200 new jobs over the next five years, focusing on data-driven solutions to enhance the customer experience. Mutual indicated that average wages…
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Morinaga to Expand Manufacturing in Mebane, NC
Morinaga is expected to expand their investment in Mebane with $136M for a new facility. The company will manufacture their Hi-Chew candy and create 100 new jobs. External resources Morinaga Announces Major Expansion at Orange County SiteHi-Chew candy maker Morinaga creating 200 jobs, building second Orange County factory Doug KlineDoug has held income properties in…
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NC In Site: Kannapolis
Download the NC INSite for Kannapolis, NC July 2024 below. Doug KlineDoug has held income properties in North Carolina for more than 20 years. He holds a North Carolina broker’s license, and is a member of the National Association of Realtors and the Triangle Real Estate Investors Association. A lifelong learner, he holds an MBA…
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NC In Site: Zebulon
Download the NCInsite for Zebulon, NC July 2024 below. Doug KlineDoug has held income properties in North Carolina for more than 20 years. He holds a North Carolina broker’s license, and is a member of the National Association of Realtors and the Triangle Real Estate Investors Association. A lifelong learner, he holds an MBA and…
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NC In Site: Siler City
Download the NC INSite for Siler City, NC July 2024 below. Doug KlineDoug has held income properties in North Carolina for more than 20 years. He holds a North Carolina broker’s license, and is a member of the National Association of Realtors and the Triangle Real Estate Investors Association. A lifelong learner, he holds an…