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Greensboro / Winston-Salem Office MarketView Q2 2021

25 Aug 2021 1 Minute Read

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  • The overall Greensboro/Winston-Salem office market vacancy increased 47 basis points quarter-over-quarter to 13.0%.
  • 132,000 square feet of new office construction is underway.
  • 133,000 square feet of negative net absorption occurred in the second quarter.
  • Overall average asking rates decreased $0.39 quarter-over-quarter to $16.78 per square foot.
  • Significant Lease Transactions 
  • Inmar Intelligence (1 W 4th St, Winston-Salem, NC | (170,000 SF)
  • House of Markor (410 W English Rd, High Point, NC | (11,700 SF)
  • A.R.T Furniture (410 W English Rd, High Point, NC | (6,600 SF)