Southwest Wake County’s growth spike shows it’s no longer a bedroom community

What used to be a mere cluster of Triangle-outskirt towns is now one of North Carolina’s centers for economic growth. Even by Triangle region standards, which have been significant, Southwest Wake County’s growth has spiked over the last two decades.

The Census Bureau recently reported growth rateCaptures of approximately 26 percent in Apex, 35 percent in Holly Springs, and 44 percent in Fuquay-Varina, outpacing Raleigh in 2016. Residential growth in Holly Spring

 

s alone is expected to grow so rapidly that for every three residents today, there will be five by 2025.

As a site selection specialist and a local resident, I have seen the impact this has had on the workforce. Joanna Helms, Apex Economic Development Director shared, “Most people don’t realize that Apex has over 50 thriving companies that range from advanced manufacturing, wholesale distribution and precision machining to information technology, computer gaming and software development, as well as micro brewing.”

 

Following the population growth, retail market vacancies have been competitive, and are currently at 2.8 percent according to CoStar. It seems that almost every week, another grocer, restaurant, or other retailer announces an opening. As of November 2017, Southwest Wake had almost 30,000 square feet of retail space under construction, as well as five shopping centers proposed. Current mixed-use developments in Holly Springs and Fuquay-Varina create tremendous retail and mixed-use opportunities for business owners and consumers alike.

While retail development will always follow the rooftops and urban areas continue to thrive and grow, a new trend is emerging where many companies are migrating closer to their workforce. This has not only reduced geographic and traffic concerns during the recruiting process, but has also developed a quality of life for employees that, in turn, improves the quality of the company. Names such as Dell Inc., Rovisys, and Sequirus are located in the heart of Southwest Wake, producing thousands of jobs and catalyst for economic growth.

 

“Town leaders have strategically positioned the assets of the community to attract more life science companies. Highlights include: more than $100 million has been invested in roads, water and sewer projects and parks and recreation facilities in the last 10 years,’ said Holly Springs Economic Development Director, Irena Krstanovic.

Southwest Wake currently has over 75,000 square feet of industrial and flex space under construction. These properties are in addition to almost one million square feet of proposed development. Local municipalities are looking to grow their commercial tax base, as well as offer incentives for businesses to join their communities.

This, along with land availability, provides development opportunities for any

 

thing from spec space to owner-occupancy. Additionally, the construction of “Complete 540” project going through the southwest, there will soon be expedited access to RDU and other parts of the region. According to Economic Development Director, Jim Seymour, “Fuquay-Varina continues to see strong growth in the expansion of our medium to large manufacturing firms. Our geographical location is one of our community’s greatest assets for manufacturing and distribution.”

Source: https://www.bizjournals.com/triangle/news/2017/12/12/southwest-wake-county-s-growth-spike-shows-it-s-no.html

 

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Bev Roberts Rentals: the driving force in the world of leasing and property management

16708250_1344599468896764_6328330447239501757_nOur family, at Bev Roberts Rentals, established a driving force in the world of#Leasing and #PropertyManagement in the#Triangle Area! We broke the industry norm in order to serve our clients the best way possible. If you are looking for a refreshing approach to leasing and property management, our family is dedicated and knowledgeable. We are 100% focused on leasing and property management services, because that’s all we do. We don’t sell homes, meaning we are only focused on your investment property; not selling someone else’s.

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Name one thing property managers wish tenants knew.

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Q: Name one thing property managers wish tenants knew.

A: We don’t make the rules, we’re simply paid to enforce them. Every property manager has encountered that tenant who is disappointed, because the property manager refuses to disobey the terms of the lease to benefit a tenant’s situation. Property managers wish tenants understood that each state has Landlord-Tenant Laws designed to protect the rights of both parties in the lease: the landlord and the tenant. When tenants sign a lease, the terms of the lease are not merely made-up by the property manager, but rather established and enforced by the state’s Landlord-Tenant Laws. The state governs when rent is due, when late fees are assessed and what amount to charge, how much notice to give before moving, a landlord’s and tenant’s responsibilities, among others. The lease constitutes a contract. Good tenants and good landlords respect contracts, and good property managers enforce them.

Bev Roberts Rentals, “We are extremely proud of our great customer reviews”.

1It’s relatively easy – and occasionally misleading – to use fancy catch phrases and promises on web pages and marketing materials in order to win over customers. Saying “We’re the best” and “Most trusted” may very well be true, but any business can say that about themselves, can’t they? How, then, can you be sure that you’re actually dealing with a trusted Leasing and Property Management firm that lives up to its reputation? You don’t rely solely on what they have to say about themselves. You rely on reviews. Here at Bev Roberts Rentals, we are extremely proud of our great reviews on reputable sites like Google, Better Business Bureau, Angie’s List, Yelp, Yellow Pages, Facebook, etc. These reviews give you the evidence that we’re treating our loyal customers the way they deserve to be treated. Online reviews are a bit of a holy grail for small businesses, because they provide an objective view of a business’s practices. But getting a review isn’t always that easy. Most people don’t think to offer a review of a company they do business with, unless that company demonstrated service above and beyond what was expected. That’s just one of the many reasons why we’re so humbled by our many reviews. Our customers have taken the time to write reviews on our behalf, because they felt as though the service we provided them was worth taking note of.

A Vacant Property is a Pimple on the Complexion of your Investment Business.

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When you have a #vacant #rental property, it costs you money each day it sits empty, so it’s important to reduce time between tenants to a bare minimum. Filling a unit with qualified tenants takes more than just putting up a for rent sign in the yard. #BevRobertsRentals is the key to minimizing the time that your rental sits empty. We act quickly and effectively in marketing and attracting prospective tenants who are ready to sign a lease agreement—all without putting your cash flow at further risk.