Raleigh-Durham has been a key target for investment due to its impressive 22% population growth since 2010, a diverse economy hosting 13 Fortune 500 headquarters, and renowned universities like Duke, UNC, and NC State. The area’s high quality of life makes it an ideal location for our continued growth. The local industrial market, which consists of 100 million square feet of warehouse and flex product, serves a population of 2.2 million residents in the Triangle Region, which is framed by Raleigh, Durham, and Chapel Hill and is one of the fastest growing areas in the US. A key economic driver for the area is Research Triangle Park, a 7,000-acre area which is the largest research park in North America with companies and universities performing over $6 billion in combined annual research expenditures. For these reasons, we expect continued growth in and around the Raleigh-Durham market for years to come.