Editor’s Note: This month, WRAL TechWire launched a new series, the “Future of Work.” The Future of Work series is supported by commercial real estate firm JLL and other partners. The first report is here, and the second story is here. At the end of April, the series explored the relationship between work spaces, work places, and the current labor market. And this week, the Future of Work series took an in-depth look at the demand for land, which has increased in the Triangle and can now be described as “insatiable,” while developers look to shore up their land positions. The series will continue next week, along with a LinkedIn Live broadcast on Tuesday, May 10, at 11 a.m.
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RALEIGH – The race for space continues in the Triangle. So, too, does WRAL TechWire’s special reporting project, the “Future of Work,” which delves into topics spanning across the commercial real estate markets of the Triangle.
While the series took a look at the future of work spaces and work places in a changing local economy in its first week and investigated how worker interests are changing how employers approach their relationships with space and place in the second week, this week the series looked at land and land development.
Because there’s only so much land in the Triangle, and developers have an “insatiable appetite” and are looking to shore up their land positions, according to JLL executive vice president Matt Winters, who joined WRAL TechWire for a LinkedIn Live broadcast earlier this week.
Future of Work report: Developers ‘aggressively trying to shore up land positions’ in Triangle
What’s next
But there’s demand in multiple sectors of the commercial real estate market, including the region’s booming life science and biopharmaceutical industry and in the race for industrial space.
Those sectors of the market are where we’ll turn to next in the Future of Work series. Next week, we’ll investigate the industrial sector of the market, which has seen increasing demand as consumer behavior has shifted from in-person retail to more e-commerce activity, and companies of all sizes have adapted by seeking to add fulfillment centers and shore up their supply chains.
This editorial package was produced with funding support from JLL and other partners. WRAL TechWire retains full editorial control of all content.
More from the series
Future of Work special report: Across the Triangle, an ‘insatiable demand’ for land
Special report: The future of the Triangle’s economy hinges on its spaces
Special report: Space in high demand, even as future of work remains uncertain
