Winston Salem, North Carolina Commercial Real Estate 1 Listing

Winston Salem, North Carolina: A Premier Destination for Commercial Real Estate

Introduction

Winston Salem, North Carolina, is a burgeoning hub for commercial real estate (CRE) with its strategic location and diverse economy. As a city with over 250,000 residents, Winston Salem is part of the Piedmont Triad region, which also includes Greensboro and High Point. The city's robust economy is supported by major industry clusters such as healthcare, education, and advanced manufacturing, making it an attractive destination for various commercial property types including office spaces, industrial warehouses, and retail centers.

Economic and Industry Overview

Winston Salem's economic landscape is marked by significant industry presence in healthcare, biotechnology, and manufacturing. The city is home to the Wake Forest Baptist Medical Center and a growing biotech sector anchored by the Wake Forest Innovation Quarter. These industries drive demand for office and laboratory spaces, while the manufacturing sector, including companies like Hanesbrands Inc., supports a strong industrial property market. The Piedmont Triad Regional Council and Winston-Salem Chamber of Commerce actively promote economic development initiatives to boost CRE opportunities.

Strategic Location and Transportation Infrastructure

Winston Salem's strategic location within North Carolina offers excellent transportation infrastructure. The city is intersected by major highways, including I-40 and US-52, facilitating easy access to regional and national markets. The Piedmont Triad International Airport serves as a key logistical hub, complemented by a network of rail lines. These assets provide logistical advantages for distribution and enhance access to labor pools. For more details, visit the North Carolina Department of Transportation.

Commercial Real Estate Inventory & Zoning

Winston Salem boasts diverse CRE submarkets, including its Central Business District (CBD), industrial corridors, and innovation districts like the Wake Forest Innovation Quarter. Key asset classes include industrial properties, retail spaces, office buildings, and medical facilities. The city has implemented zoning changes and overlays to encourage development, with incentives available for developers. Explore zoning maps and parcel information on the City of Winston Salem's Planning Department.

Major Employers and Institutions

Major employers such as Novant Health, Wake Forest University, and Reynolds American drive demand for commercial real estate in Winston Salem. The presence of corporate headquarters, research centers, and tech campuses contributes to the city's dynamic CRE market. For more information, visit the Winston-Salem Business Directory.

Notable Commercial Developments & Projects

Significant developments in Winston Salem include the mixed-use Bailey Power Plant project and the Innovation Quarter, which blends living, working, and recreational spaces. These developments often involve public-private partnerships and are located in designated Opportunity Zones. For planning documents and site maps, refer to the Winston Salem Planning Department.

Building Permits, Planning, and Development Tools

Access essential resources for development in Winston Salem through the following links:

Market Data & Economic Reports

Utilize public datasets such as those from Census.gov and the city's open data portal for economic insights. Brevitas leverages AI-powered aggregation of public data and internal insights, offering users comprehensive dashboards for Winston Salem CRE. Explore Brevitas-powered insights for this city here.

Why Use Brevitas for Winston Salem, North Carolina CRE?

Brevitas offers a cutting-edge platform for discovering CRE in Winston Salem, powered by AI-driven tools for real-time market alerts and smart property pages. Features include: