Bob Walton, with ROI Commercial Realty, explained that the Raleigh-Durham-Chapel Hill area is projected to double in population growth in the next 10-15 years.
North Carolina’s Triangle is home to some business powerhouses, including Red Hat, CISCO, SAS, MetLife, and IBM.
(Newswire.net — August 16, 2018) — Across the nation, Raleigh and North Carolina’s Research Triangle region are being recognized as great places to live and work. U.S. News and World Report ranked Raleigh and Durham 13th on their 2018 list of the best places to live. CardRates.com chose Raleigh as one of 10 cities primed for economic growth and opportunity in 2018, “The area is also a hotbed for biotech research …”.
North Carolina’s Triangle is home to some business powerhouses, including Red Hat, CISCO, SAS, MetLife, and IBM. Businesses flourish in The Triangle because of the diversity of industries that co-exist there, including technology, advanced manufacturing, and life sciences. It is also one of the 12 cities that currently have Google Fiber service, which provides internet connection speed that is roughly 100 times faster than that available to most Americans.
Bob Walton, realtor with ROI Commercial Realty, explained that the Raleigh-Durham-Chapel Hill area is projected to double in population growth in the next 10-15 years. “Properties are increasing in price but remain a value, especially if an investor is looking to buy and hold rentals or is considering commercial ventures. The facts stack up well.”
The facts that Walton referred to include that four Triangle counties are among the state’s fastest growing since 2010, “led by Wake at 16.2 percent and followed by Chatham at 13.8 percent, Durham at 13.4 percent and Johnston at 13.3 percent.”
For businesses in the region, there is a continuing supply of college graduates and plenty of affordable office space and housing. The Triangle is home to some of the nation’s top-ranked colleges and universities, including Duke, UNC-Chapel Hill, and North Carolina State University.
An article in WRAL TechWire showed that “the Raleigh-Durham market offers [office space] rates lower than all but four of the 19 U.S. metro areas being considered by Amazon.” MarketWatch included Raleigh as one of the top 10 cities for new graduates. Forbes put The Research Triangle at the top of its 2018 list of the best places to rent, “Reasonably priced apartments, coupled with strong population growth and ample employment opportunities.”
Is it any wonder companies like Amazon and Apple have their eyes focused on the region for investment? WalkWest’s Kierstin Geary wrote, “This is a ridiculously attractive place for all walks of life and for businesses of all kinds.” Katie Couric, well-known TV journalist with the National Geographic Channel, said “Raleigh is a very progressive, welcoming community in many ways.” Even the Marriott Traveler recognized the vitality and growth of Raleigh and The Triangle, “Downtown Raleigh especially has expanded by leaps and bounds in recent years, with forward-thinking startups and co-working spaces opening next to government buildings …”
ROI Commercial Realty, a Raleigh-based commercial real estate firm with Keller Williams Commercial, works with companies who are ready to take advantage of all that The Triangle has to offer. If your company is in need of office space to allow you to open up shop, or to grow and expand in Raleigh or Triangle North Carolina, visit www.roicommercialrealty.com or call us at 919-827-1836.
About ROI Commercial Realty
Located at 4700 Homewood Court, Raleigh, ROI Commercial Realty understands that buying or selling a business space, land development, or home flip opportunity is more than just a transaction: it’s a life-changing experience. The ROI team of highly-seasoned real estate professionals is dedicated to providing exceptional, personalized service for all of our clients. Connect with the company by phone at 919-827-1836, by email at firstname.lastname@example.org, or by visiting the website: www.roicommercialrealty.com.