Merritt TW Crossing Property Booklet

TRIANGLE OVERVIEW ONE OF THE FASTEST GROWING MARKETS IN THE NATION Raleigh was ranked and projected to be the #2 Fastest Growing Large U.S. City from 2010 to 2023 by the United Nations Population Division. Additionally, Forbes ranked Raleigh the #3 Best Place for Business and Careers in October 2019. The population for the Raleigh-Durham metro area exhibited growth of over 60% between 2000 and 2016, according to the U.S. Census Bureau and American Community Survey. The 2019 median household income in Wake County stands at $79,970. Income levels are currently increasing at very aggressive rates, and the number of households represented by higher income levels is considerably higher than they were ten years ago and projected to be over $100,000 by 2023.

#2

TOP 100 BEST PLACES TO LIVE IN 2019 by Livability

#2

OVERALL REAL ESTATE MARKETS TOWATCH

IN THE U.S by PwC 2019

#4

MOST EDUCATED CITIES IN THE U.S. (RALEIGH, DURHAM & CHAPEL HILL) by Forbes 2018

MERRITT TW CROSSING

DURHAM

#10

IN OVERALL TECH TALENT, BEHIND MAJOR PLAYERS IN TECH SCENE LIKE SAN FRANCISCO, SEATTLE, NEW

YORK AND AUSTIN by CBRE Research 2019

RESEARCH TRIANGLE PARK

RESEARCH TRIANGLE PARK A KEY ECONOMIC DRIVER

The ResearchTriangle Park (“RTP” or the “Park”) is centrally located between the three major Triangle research universities: Duke University in Durham, UniversityofNorthCarolina inChapel Hill, andNorthCarolina StateUniversity in Raleigh. The Park, with 25million square feet of developed space, is one of the world’s largest and most successful research and development centers in terms of number of jobs created, capital investment and the prestige of companies located there. The Research Triangle Park Drives Raleigh-Durham’s thriving economy. It is projected that over the next fifteen years, employment will increase by 67%, total earnings by 48%, personal income by 46% and total retail sales by 41%.

MORRISVILLE

RALEIGH

CARY

APEX

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