Named the #1 American city for Top Single Family Rentals, Charlotte, NC, is where real estate investors should be looking.
According to our Research Services analysts, the city’s rental market is improving due to strong job growth and household formation. Here are a few economic highlights that are generating rental demand:
• Development of the Tryon place twin skyscrapers, including a 27-story office building, a 450 room hotel, and residential and retail space, will draw thousands of new jobs to uptown Charlotte. The Crescent Communities project is expected to be complete by 2017.
• Food and consumer goods packaging company Sealed Air Corp., is shifting its headquarters and 1,300 jobs from New Jersey to Charlotte. Work on the campus, located near the Charlotte Douglas International Airport, is expected to finish by the end of 2016.
• Marketing and sales services company RedVentures will double its Indian Land headquarters office space by 2017 and create up to 1,500 positions in five to seven years.
Find out why you should be investing in this North Carolina city by downloading the full market report.