On June 7th, Facebook’s Parent company, Meta, announced its plan to open an office in Durham. This news comes after tech giants Apple and Google announced their plans for the Triangle in 2021. What will this mean for real estate prices in Bull City and across the Triangle? Seth Gold with BOLD Real Estate believes Meta moving to the Triangle just further solidifies the stability and excitement the Triangle has to offer!
Gold mentions, "we have already seen growth and median sales prices increase from Apple even before they've established themselves here. I suspect the same will happen with Meta."
Whereabouts in Durham and how many people the company expects to employ are still unknown.