AN OUTLOOK ON THE MULTIFAMILY, LAB & MIXED-USE OPPORTUNITY PRESENT IN THE BULL CITY

Over the past several years, Durham has seen a flurry of fresh CRE investment activity as the Triangle region as a whole continues to grow. The downtown area in particularly has seen a major skyline shift as development tangibly changes the experience for the areas residents and corporate tenants. The market faces challenges that are mirrored throughout the region, including a large supply of life sciences deliveries, office vacancies, and fresh questions about residential affordability. Despite these headwinds, the building industry is pressing forward. Furthermore, there has been a great deal of municipal support, particularly as it pertains to rezoning to facilitate residential investment.