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No tower Cabarrus County misses out on that just a place where the vehicles are processed and checked before delivery to new buyers or car vending machines

Here is a story about the announcement today of the 400 plus new jobs for Cabarrus County from Carvana

https://www.bizjournals.com/charlotte/news/2019/08/29/carvana-to-add-413-jobs-with-concord-inspection.html

Edited by KJHburg
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Avison Young 2nd Quarter office and retail reports.  Office market is just booming right now.   Office vacancy rate overall is 11.2% and absorption in the last 12 months ending June 30 is a whopping 2.86 million sq feet. 

https://www.avisonyoung.us/web/charlotte-nc/research

also check out the retail report which is very interesting.  They note retail space is at Stonewall Station is $50 a square foot which is some of the highest in the market outside of the malls.  That is why you wont see many local retailers in these new spaces.  As the city council candidate in NYC Jimmy McMillian once said "The Rent is too Damn High!"  Average retail space in the county is $20.42 and in uptown $37.06 a sq ft respectively.  Overall vacancy of retail space only 4.2% countywide. 

 

 

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10 minutes ago, RiverwoodCLT said:

Caring.com is moving it's HQ's in San Mateo Calf. to Charlotte. It is hard to do business in the Bay area says CEO. Bay Area hiring is like banging my head against the wall, says CEO Jim Rosenthal.
Source from BB Journal

I saw that headline too from San Francisco Business Journal.  A good win for the Charlotte tech community.  Not sure how many jobs it will involve yet.  

One only needs to look at Zillow and just see what housing costs there to see why they can't attract anyone there.  Truly 5x the cost of Charlotte.  $1.2 M for a 3 Bed 1 Bath 1100 sq ft ranch home.  Condos  cheapest I saw was $638K for a 1 bedroom.  

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Caring is owned by Bankrate which is owned by Red Ventures.

Wonder how many of those companies will find their way here.

 

EDIT:

That's what I get for trusting wikipedia!

Edited by joenc

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14 minutes ago, joenc said:

Caring is owned by Bankrate which is owned by Red Ventures.

Wonder how many of those companies will find their way here.

Bankrate sold Caring.com in 2018 to a group of private investors.


Caring’s Divestiture from Bankrate/Red Ventures Supports Competition Among Third-Party Paid Referral Services for Senior Living Facilities
https://www.caring.com/about/news-room/caring-holdings

Edited by CLT2014
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People vote with their feet I always say top 5 states of new residents to NC  Virginia (more than likely Northern VA as their homes price are sky high) NY, FL, SC and yes even the formerly Golden state of California.

https://www.newsobserver.com/news/state/north-carolina/article235792947.html

Growing population attracts new companies and jobs and NC is attracting the labor force. 

a little more details and the top 5 countries too.  India being #1 

https://www.ncdemography.org/2019/10/03/nc-is-rapidly-growing-where-are-our-new-residents-moving-from/

Edited by KJHburg
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