Q4 2025 Greensboro/Winston-Salem Industrial Figures

MARKET REPORT HIGHLIGHTS
—The market posted 886,498 sq. ft. of positive net absorption in Q4, led by major expansions from Lenovo and Ecolab, pushing vacancy down to 7.7%.

—Leasing activity totaled 802,345 sq. ft., with 55.9% concentrated in the PTI Airport submarket. Major transactions included United States Postal Service’s 217,180 sq. ft. renewal and expansion and Wausau Supply Company’s 112,578 sq. ft. new lease.

—Demand remains robust, with tenants actively seeking over 13 million sq. ft., led by the food and beverage, construction, and logistics industries.

—New construction starts totaled 643,852 sq. ft. as 553,852 sq. ft. of warehouse space in Southeast Guilford and 90,000 sq. ft. of flex space in Southeast Forsyth broke ground.

—Sales activity exceeded $100 million for the second consecutive quarter, led by Nova Capital Partners’ $20.2 million sale of West Friendly Business Park and Hoffman & Hoffman’s $23.5 million acquisition of 7915 Triad Center Drive.