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Exciting New Businesses at The Nashville Junction
Simmons and Harris, Inc is thrilled to announce that The Nashville Junction is officially home to some incredible new businesses! Located in the heart of downtown Nashville, NC, this vibrant new development is quickly becoming a go-to destination for local services, dining, and shopping.
Join us in congratulating several of our newest tenants on their new downtown location:
The Art of Fade
For a premium grooming experience, look no further than The Art of Fade by Alex Puente Offering expertly crafted haircuts, beard trims, and traditional hot towel shaves, The Art of Fade is a stylish blend of old-school charm and new-school precision. Whether you're in need of a fresh fade or a sharp trim, Alex and his team are ready to make you look and feel your best
Studio Glam opened its doors in March 2025, bringing the latest in beauty services to Nashville! Offering hair styling, coloring, extensions, and event styling, Studio Glam is a modern, chic salon designed to meet all your beauty needs. The team is also looking to expand, hiring talented stylists to join their growing family. Whether you're coming in for a routine cut or something more dramatic, this salon offers the glamour you deserve
Pizza Co.
Get ready for Sawmill Pizza Co., coming this fall! With a focus on wood-fired pizza perfection, this new pizza spot promises mouthwatering pies made with fresh ingredients and cooked to perfection in a wood-fired oven If you love pizza, this is going to be your new favorite place to enjoy a slice (or two!)
Nashville Nutrition
Fuel your body with healthy, delicious smoothies and beverages at Nashville Nutrition! Offering a variety of tasty, nutritious options, Nashville Nutrition is the perfect stop for a post-workout refreshment, a quick energy boost, or just a healthy treat Stop by and discover how good it feels to nourish your body with something delicious!
Hurt LLC
As the driving force behind the redevelopment of The Nashville Junction, Hurt LLC specializes in general contracting services, with a focus on historic revitalization and development. Thanks to their vision, The Nashville Junction now stands as a dynamic 20,000square-foot space offering retail, restaurant, and business opportunities for Nashville’s growing community
Located at 723 South Barnes Street in downtown Nashville, The Nashville Junction offers 20,000 square feet of retail, restaurant, and business space, complemented by a farmers' market and performing arts pavilion With five prime spaces still available, now is the perfect time to become part of this vibrant community
Interested in leasing opportunities? Reach out to John Lea at Jlea@sh-cre.com to learn more about how you can join this thriving space!
For all entrepreneurs and business owners, Eagle E Y E Management is here to help you succeed. Offering business coaching, strategic planning, and consulting, Eagle E.Y.E. Management specializes in helping entrepreneurs build sustainable, successful businesses Whether you’re just starting out or looking to scale, their expert guidance can help take your business to the next l
(252) 917-4921
JLEA@SH-CRE COM
WWW.SH-CRE.COM
Studio Glam Eagle E.Y.E. Management
Sawmill
The long-term prospects for Nash County look exceptionally bright GXPStorage’s presence is expected to act as a magnet, attracting additional biotech and pharmaceutical companies to the area The development also opens doors for real estate opportunities including industrial facilities housing and commercial amenities designed to support an expanding workforce and business ecosystem
This investment marks the beginning of what could be a transformative decade for Nash County a shift from rural resilience to global relevance in the life sciences economy
GXP-Storage’s $80 million commitment is more than an investment in a building it’s an investment in the future of Nash County As biotech continues to boom across North Carolina, Nash is poised to claim its place
Edgecombe County
Data for Single Family Homes, FLex MLS
Steady Momentum to Start 2025
Edgecombe County's housing market kicked off 2025 with steady momentum Homes sold for over 90% of their original asking prices, with buyers paying an average of $109 per square foot
Although properties stayed on the market a little longer (67 days on average) pricing remained strong setting a solid foundation for the year ahead
Average List Price
Average Sale Price
Average CDOM
List Price per Sq Foot
Sold Price per Sq. Foot
Sold / Original List Ratio
KAY OWEN
Nash County
Data for Single Family Homes , FLex MLS
Nash County’s real estate market stayed strong into Q1 2025 Buyers paid an average of $150 per square foot, with homes selling for over 97% of their original asking prices
While properties lingered slightly longer on the market (97 days on average), the average sale price climbed to $284,674, reflecting a market that remains competitive and resilient
THINK OF US 1ST! THINKING OF BUYING OR SELLING?
Nashville, NC
Data for Single Family Homes , FLex MLS
Through March 2025, closed sales in Nashville jumped by nearly 18%, a strong sign of an active market Prices per square foot continued rising, and sales, indicating buyers' willingness to pay for quality homes Despite a slight drop in average sale price, activity remained strong with homes selling in an average of 79 days and achieving about 96 5% of asking prices
Data for Single
Data for Single Family Homes , FLex MLS
Through March
the
COMMUNITY ENGAGEMENT:
HOW SOUTHERN BANK IS INVOLVED IN FINANCIAL EDUCATION AND OUTREACH
I
n the century since our founding, Southern Bank has never shied away from our mission to provide better more comprehensive financial care to our people. We’re
We’re loudly, and proudly, a community bank. But for some financial institutions, “community” is just a label. It’s how they’re categorized, not how they’re conceptualized.
We want Southern Bank to feel different. Like a home away from home, a place where you can rest easy, knowing you’re being attended by real people who have a vested interest in your future. But how can we deliver on that promise? What makes Southern Bank stand out?
IT STARTS WITH CARE
Care for your community can be shown in many ways, but our favorite is by ensuring we meet our members face-to-face to learn about them and their financial goals. With each new member, at every branch, we gain a more detailed understanding of the history, the character, and the financial needs of the places and people we serve. By doing so, we can adapt to suit the needs of our community better, becoming more flexible and more resilient at the same time.
When you know your members like we do, you can speak with more authority on the best options for their future. By starting at the most basic level, the personal relationship, and providing actionable financial guidance, Southern Bank helps the people and businesses in ourfootprint find more solid footing, which in turn allows our communities to flourish.
AN ADVISOR IN THE PALM OF YOUR HAND
You don’t have to sit in a Southern Bank branch to get the attention you deserve. In addition to ensuring our community members are given access to all of the most advanced online banking tools on the market, Southern Bank has created an online financial education program called the Get Well Classroom to help people prepare for the future.
Categorized by major milestones like buying a home, the Money Mentor lessons from our Get Well Classroom help people of all ages, incomes, and backgrounds access the information they need to make the best decision for themselves and their family. They contain information about understanding and organizing your taxes, buying your first car, and planning for retirement, as well as everything in between.
We believe it’s critical that a community institution provides this kind of easily accessible financial guidance to their members, since not everyone will have the time, patience, or ability to visit a branch in person and sit down for one-on-one support. By creating, maintaining, and updating our Get Well Classroom with the most relevant information available, we ensure that each of our members has the answers they need on hand at any given time.
PUTTING OURSELVES OUT THERE
Finally, Southern Bank is committed to partnering with local charities and community groups that uplift the members of our community that need it most. We invest our time and talent in different events across our entire footprint to let our members know we stand with them. After all, you aren’t named Community Bank of the Year by the NC Rural Center for nothing.
From simple actions like participating in food drives to our “Saves For Kids” partnership with the Carolina Hurricanes hockey team, Southern Bank is always actively searching for more ways to give back.
LOCAL ROOTS, LIFELONG GUIDANCE
Visit our website today to find your nearest Southern Bank, speak with an expert, and explore account options. With our help, you can start building the foundations of a brighter future for you and your community right away.
Southern Bank is a wholly owned subsidiary of Southern BancShares (N.C.), Inc. With its Corporate Headquarters located in Mount Olive, North Carolina, the Bank has total assets over $4 billion and over 60 locations throughout Eastern North Carolina and Southeastern Virginia.
ABOUT THE PROPERTY
11,390-square-footfacility,builtin1995,sitsonaspacious2.65acrelotandfeaturesafullyfencedyard,makingitidealfor businessesrequiringoutdoorstorageorlaydownareas The propertybenefitsfromsignificantexposure,withapproximately 20,000vehiclespassingdaily,andisconvenientlylocatedjusttwo milesfromNorthCarolinaWesleyanCollegeandwithinminutes ofmajorthoroughfaresincludingI-95,US64,andHwy97.
This project will convert an 8,791 sq ft historic building into four ground-floor commercial spaces with five market-rate apartments above Local developers Krishna Battula and Anuja Yerra are spearheading the Epstein Building project with an estimated investment of $1 26 million It joins a slate of downtown initiatives aimed at bringing new life to long-vacant storefronts In total, city officials have cited a dozen downtown projects in progress – collectively adding over 100 new homes and business spaces and representing around $30 million in investment – marking a transformative comeback for the central city core.
HEALTHCARE EXPANSION:
In the commercial sector, one of Rocky Mount’s largest construction projects is unfolding at UNC Health Nash. In February 2025 the Nash UNC Healthcare board moved forward with the next phase of a new seven-story inpatient tower on its hospital campus Site preparations and construction ramped up in Q1 2025, with the hospital announcing traffic flow changes as crews began work The tower will feature 150 private patient rooms and modernized clinical spaces (replacing aging infrastructure) to enhance care delivery Work is expected to continue into 2026, pending final approval from the Local Government Commission later in 2025 This major public/private investment in healthcare not only represents a modernization of Nash County’s medical facilities but also a significant construction project employing local contractors.
INDUSTRIAL & ECONOMIC INITIATIVES:
On the economic development front, Rocky Mount positioned itself for future growth by acquiring strategic land On January 13, 2025, the City Council approved purchasing 12.56 acres at the interchange of I-95 and US Highway 64 – a prime location for commercial/industrial development – for $1 507 million The city structured the deal with payments in FY2025 and FY2026, viewing the tract as a catalyst for attracting new business at the hightraffic interstate crossroads City leaders dubbed the site acquisition (code-named “WINNR”) a proactive step to create shovel-ready property for prospective employers.
In addition, Rocky Mount’s existing industries are steadily investing in upgrades For example, engine manufacturer Cummins Inc , which announced a $580 million modernization of its Rocky Mount Engine Plant in late 2024, entered 2025 moving forward on that multi-year project to advance clean diesel technology (though the initial announcement came just before Q1 2025) These efforts – both city-led and private –point to an emphasis on long-term industrial growth in the Rocky Mount area
Amazon’s Last-Mile Facility: Tarboro scored a headlinegrabbing win in Q1 2025 with Amazon’s expansion into Edgecombe County. In January, county records revealed that Amazon.com Inc. purchased 77.4 acres in the Tarboro Commerce Center industrial park for $512,000. The Seattle-based e-commerce giant is establishing a “last-mile” distribution center on the site – one of several new North Carolina facilities Amazon announced to speed deliveries.
Next, in a major logistics infrastructure move, the North Carolina Railroad Company (NCRR) purchased 150 acres adjacent to the CSX Intermodal terminal. The land will support the development of an expanded logistics park aimed at attracting rail-served industrial tenants and companies leveraging intermodal freight connectivity NCRR officials noted that the proximity to CCX creates one of the most strategic freight logistics sites in eastern North Carolina, ideally positioned to drive future industrial job creation
TARBORO: LOGISTICS HUB EXPANSION AND NEW HOUSING DEVELOPMENT
Amazon’s Last-Mile Facility: Tarboro scored a headline-grabbing win in Q1 2025 with Amazon’s expansion into Edgecombe County. In January, county records revealed that Amazon.com Inc. purchased 77.4 acres in the Tarboro Commerce Center industrial park for $512,000. The Seattle-based e-commerce giant is establishing a “last-mile” distribution center on the site – one of several new North Carolina facilities Amazon announced to speed deliveries The Tarboro facility will serve as the final sorting hub before packages go out for local delivery, boosting Amazon’s logistics efficiency in eastern NC Local officials heralded the move: “The Town of Tarboro is excited for the opportunities Amazon will bring We’re proud to support a business-friendly climate,” said Tarboro Town Manager Troy Lewis
The project’s timeline accelerated quickly – walls began rising on the new distribution center by early spring, according to local reports, with an opening likely in late 2025 Amazon’s arrival at the Commerce Center (which already houses Hitachi Astemo and other manufacturers) solidifies Tarboro’s role as a regional logistics hub
It also follows on the heels of another megaproject in Edgecombe County: in August 2024, Natron Energy announced a $1 4 billion battery manufacturing plant at the nearby Kingsboro site between Tarboro and Rocky Mount While Natron’s 1,062-job “Battery Belt” factory was announced prior to Q1 2025, its development carried into 2025 with site work expected to begin during the year Together, the Amazon and Natron projects signal a major influx of investment and jobs in the Tarboro area, leveraging available industrial sites that had been primed for such opportunities.
RESIDENTIAL GROWTH IN TARBORO:
Tarboro leaders also moved to address housing needs in early 2025 In March, the Town Council approved a Special Use Permit for Fieldstone Square Apartments, a notable new residential development on the north side of town Solstice Partners LLC, a Cary-based developer specializing in workforce housing, will build 60 apartment units on a 6 2acre vacant tract off Barlow Road The project – located adjacent to the Walmart Supercenter and other services –will consist of eight buildings with a mix of 1-, 2-, and 3bedroom apartments and amenities like a community center, playground, and picnic areas. Fieldstone Square aims to provide affordable, modern housing for families and workers in Tarboro. The developer plans to break ground by mid2025 (Q2) now that permits are approved.
In addition to this new construction, Tarboro saw reinvestment in existing properties for housing ` Hykal Properties, LLC received approvals in Q1 for a second multifamily project: the adaptive reuse of three large former office/clinic buildings at 3003–3007 North Main Street into apartments This project repurposes about 10 acres of underutilized institutional property (in the Clinic Drive/Halifax Court area) into multi-family residential use.
With the Special Use Permit granted by the town in April, Hykal Properties intends to renovate the structures in phases beginning in 2025, creating much-needed apartments while preserving the buildings Town officials noted this was the second major multi-family initiative in recent months – reflecting Tarboro’s growing demand for housing as new jobs come in By facilitating both brandnew apartments and conversions of older buildings, Tarboro is working to expand its housing stock on multiple fronts
Public-Private Investments: Tarboro’s development news in Q1 wasn’t limited to private companies The town itself and the Carolinas Gateway Partnership (the regional economic development agency) actively supported these growth trends For example, the Tarboro Commerce Center land sold to Amazon was town-owned, indicating coordinated recruitment And while celebrating Amazon’s arrival, local leaders also touted Tarboro’s readiness: the industrial park still has remaining acreage and recent infrastructure upgrades (such as improved highway access via US 64) to accommodate future tenants. Meanwhile, small business growth continues downtown with local entrepreneurs renovating storefronts (a new café and a boutique opened on Main Street during the quarter, adding to Tarboro’s downtown revitalization momentum). As 2025 progresses, Tarboro’s mix of big industrial wins and quality-of-life projects (like housing) position the town for a surge in both economic activity and population
NASHVILLE: COMMERCIAL AND RESIDENTIAL PROJECTS
Housing Developments: On the residential front, Nashville is experiencing steady growth and took steps in Q1 2025 to enable new housing projects The Nashville Planning Board met on February 25, 2025, and advanced proposals that will add both multifamily and single-family homes. One key item was a conditional rezoning request for an 11-acre tract on Southside Drive from agricultural (A-1) to residential (RCZD) to permit a new multifamily housing development.
The applicant, Carolina Statewide Developers, intends to build much-needed affordable apartments on the site, aligning with Nashville’s comprehensive plan goal of increasing high-density housing options Planning Board members noted the project’s minimal traffic impact (no formal traffic study was required) and recommended approval, emphasizing that it addresses a “pressing need for affordable housing” in the community A public hearing before the Town Council was scheduled for March 2025 to finalize the rezoning, which would pave the way for the developer to submit detailed site plans In addition to multifamily units, Nashville is seeing expansion of its single-family neighborhoods. In the same meeting, the Planning Board reviewed plans for a new subdivision (including drainage and connectivity considerations) and found the design consistent with the town’s Future Land Use Map. By the end of Q1, the town had issued permits for dozens of new homes (town officials reported 65 residential units were in permitting recently, signaling robust growth.
Commercial Activity: The Nashville Junction, a public-private partnership aimed at revitalizing the former Nashville Building Supply Co. site at 723 South Barnes Street, has announced six new tenants This mixed-use development is set to include retail, restaurants, and various businesses, adding vibrancy to the town's commercial offerings
Nash County Economic Development completed a 40,000 sq ft Shell Building at the Nashville Business Center in Q1 The county is currently negotiating a contract with a prospective industrial user and anticipates announcing a deal later in 2025 Construction will soon begin on the 50,000 sq ft Shell Building III at the Middlesex Corporate Centre, continuing the county’s strategy of proactively building speculative space to attract employers. Last on the economic development front, in a major private sector expansion, Crump Naturals is investing $85 million to expand its pet food manufacturing facility in Nashville. This expansion comes less than four years after Crump first opened its facility, signaling strong market performance and a major local jobs boost .
Healthcare Expansion: UNC Health Nash is expanding its footprint with new clinics under development in Nashville and Middlesex, aiming to enhance access to primary care and urgent care services in these growing communities
Commercial Zoning and Infrastructure: Nashville is also preparing for more commercial activity The Planning Board in February considered a general rezoning (RZ-202502) to change a parcel along Oak Level Road from residential-agricultural to business (B-1) The site in question sits adjacent to a new fire station under construction and had been earmarked for lowdensity housing on the future land use plan. However, the property owner requested B-1 zoning to pursue a commercial use. After some debate about spot zoning and consistency with the comprehensive plan, the Board voted to recommend the business rezoning, reasoning that it “ opens opportunities for commercial growth” along a key corridor despite diverging from the original land use designation. This decision reflects a broader vision to stimulate economic development on Oak Level Road, a growing edge of town Town leaders acknowledged that as Nashville grows, certain areas may shift from purely residential to mixed or commercial use to serve the population The Oak Level Road site could potentially attract a neighborhood retail center or other business, given its proximity to both the fire station and existing homes Nashville is clearly balancing residential expansion with commercial planning: ensuring that new neighborhoods have services nearby and that the town’s tax base grows With improved utilities and transportation (Nashville is conveniently near US 64 and I-95), the town is well-positioned to welcome new businesses. In sum, Nashville’s Q1 2025 developments underscore a community on the rise, blending its small-town charm with forward-looking growth strategies.
SPRING HOPE: DOWNTOWN RESTORATION AND ECONOMIC INITIATIVES
Historic Depot Restoration: The small town of Spring Hope (western Nash County) may be the smallest of these communities, but it too saw noteworthy development progress in early 2025, especially in downtown revitalization Spring Hope’s signature project is the restoration of its historic railroad depot on West Railroad Street With the help of two grants from the NC Department of Commerce, the town is transforming the long-vacant 1890s-era train depot into a multi-use event center and community gathering space
ROCKY MOUNT INDUSTRIAL VILLAGE
A NEW ERA OF ECONOMIC GROWTH ON THE HORIZON
A major new development is taking shape in Rocky Mount, and it's poised to make a lasting impact on the region's economy. Dean Taitz, a founder at the Ruddell Group, recently shared details about the Rocky Mount Industrial Village an ambitious 55-acre industrial park slated to break ground in the coming months.
Located at the intersection of Thomas A Betts Parkway and Peele Road, the industrial village is strategically positioned with direct access to major transportation routes This prime location is a key component of the project’s appeal, making it an ideal destination for light commercial and light manufacturing businesses looking to expand or relocate
Taitz envisions the Industrial Village as a hub for sustainable economic growth in the Twin Counties “This isn’t just about building warehouses,” he explains “It’s about attracting the right kind of businesses that will create quality jobs and foster long-term prosperity for the area. ”
And the numbers are promising. Once fully developed, the Rocky Mount Industrial Village is expected to generate nearly 300 new jobs and over $43 million in total economic output. Taitz also noted significant infrastructure improvements in the pipeline, including vital water and sewer upgrades set to begin in March 2025 essential groundwork for supporting future tenants
As the project moves from concept to reality, the Rocky Mount Industrial Village stands out as more than just another business park It’s a bold step forward in reimagining how Eastern North Carolina can attract industry, support workforce growth, and build a stronger, more resilient local economy
