While absorption rates for industrial real estate in the Triangle remain steadily positive, vacancy rates in the region rose noticeably during the third quarter of 2023, according to the most recent report by CBRE|Raleigh. Delivery of new properties to the market pushed overall vacancy to 5.3 percent, the region’s highest since 2015. But the worst may be over.
Two-time Carolina graduate Caroline Lindley is utilizing what she learned at UNC Kenan-Flagler Business School as an undergrad and MBA student to help lead her family's business: the nearly three-century-old Lindley Mills in Graham, North Carolina.