James Milner Contributes Q1 2025 Economic Indicators Report: Commercial Market Sees Year-Over-Year Growth Amid Mixed Signals
James Milner, CCIM and founder of Appalachian Commercial Real Estate, shares a fresh look at Q1 2025 commercial real estate trends in Watauga County. His latest Economic Indicators Report offers a concise, data-backed summary of the quarter’s activity — and it’s a must-read for serious investors, developers, and property owners in the High Country.
✅ The headline: Total commercial sales reached $14.4 million across 11 transactions, despite a typical seasonal dip from Q4. Compared to this time last year, the market is up 40.28% — an encouraging sign amid ongoing challenges in capital stack structures and buyer-seller pricing gaps.
💡 Key Sectors Leading the Quarter:
• Land (27.3%)
• Hospitality (23.2%)
• Multifamily (22.2%)
🏗️ Notable Development Highlights Include:
• WATA’s relocation and interior buildout
• A new physical therapy practice coming to Greenway Commons
• App State’s massive 852-bed student housing project on App-105
📍As Boone finalizes its Comprehensive Plan and eyes a review of the Unified Development Ordinance, investors are watching closely — and so should you.
📊 Want to dig deeper into this quarter’s stats, permitting activity, and market analysis?
👉 Click here to read the full Q1 2025 Economic Indicators Report.
