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Real Estate Trail
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Connect CRE · Office

Winston-Salem Office Tower For Sale

Via Connect CRE · September 25, 2026
Compiled by Real Estate Trail Editorial · September 25, 2026

Why this matters

Office continues to trade in two distinct markets: trophy assets in walkable submarkets that are leasing at or near record rents, and commodity Class B and C buildings where the basis is still resetting. Underwriting on the latter has moved toward replacement-cost-minus, with credit underwriting now leaning on tenant covenant and remaining lease term rather than mark-to-market expectations. For LP-positioned capital, the read-through is that the bifurcation is now a structural feature of the sector, not a cycle to wait out.

Editorial analysis · Real Estate Trail Editorial

On the RET wire

  • Disclosed office deal value tracked in September 2026: $14.7B across 78 reported transactions. All Office coverage →

Computed from Real Estate Trail’s own tracked coverage

Excerpt from Connect CRE:
The One West Fourth building in Winston-Salem is up for sale. Ardent Companies is the owner of the 14-story, 439,000 square foot office tower. JLL has the marketing assignment. The property sits on about 2.3 acres and…
Read the full article at Connect CRE →

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