10/09/2026
Economic insights and local market perspectives at RPN Raleigh!
Our REAL Professionals Network Raleigh Chapter brought together members and guests for a thoughtful discussion on the economy, commercial real estate, and the forces shaping business decisions.
Thank you to RPN member and featured speaker Matthew Martin with the Federal Reserve Bank of Richmond for sharing his insights on strengthening demand, persistent cost pressures, consumer financial stress, and signs of labor market weakness. His update also highlighted the Carolinas’ job growth leadership within the Fifth District and Raleigh’s strong payroll employment growth.
Our roundtable added valuable perspectives from across the market:
🏘️ Housing: Affordability challenges are supporting interest in rentals and “missing middle” housing, including compact infill homes and smaller apartment communities.
🛍️ Retail: Limited supply is driving strong demand for anchor and outparcel space, while some retailers are adjusting store footprints and QSR operators are pursuing compact drive-through formats.
⚡ Infrastructure: Population growth and development are increasing the need for power generation and substation upgrades, alongside ongoing data center site work.
🏗️ Development and deal activity: Members shared updates on industrial expansions, refinancing, acquisitions, office leasing, hotel projects, and PFAS treatment and remediation.
Across these conversations, interest rates, construction costs, and changing consumer behavior remained central to planning and investment decisions.
We also enjoyed meeting new faces, including Rick Veno with LJA Engineering, Russ Schmitz with 347 Water, and Taya Mishin with TradeMark Properties.
Thank you to everyone who contributed their experience and insights. These candid conversations make RPN a valuable place to build relationships and stay connected to our markets!