Thursday Mar 14, 2024
8:00 AM - 11:45 AM EDT
Embassy Suites by Hilton Raleigh Durham Airport Brier Creek
8001 Arco Corporate Dr
Raleigh, NC 27617
Ballroom: Flight Ballroom (content) Foyer (networking)
The Life Sciences market has been a boon for the Research Triangle area for years, for the first time in some time, it begins to soften. With over 1 million sf of deliveries in 2023, adding 10% of the total stock in the sector locally, and restrictive financial markets - headwinds have begun to appear. However, the sheer volume of companies with existing operations in the region and continued venture capital funding are positive indicators that the Research Triangle will continue to lead Southeast markets in the property type. Additionally, it is one that continues to have investor attention, labeled as the #9 market to watch for real estate investors in a PwC report that points to residential and other asset type oversupply and overbuiilding. This event will discuss how deals are continuing to progress, how smaller operators are being supported for continued growth, and what creative financing and funding structures will bolster development prospects.