Greensboro / Winston-Salem Office Market Report
By CREhunt Research · Data through Q1 2026 · Aggregated from CBRE, Cushman & Wakefield, Colliers
Quarterly office market indicators for Greensboro / Winston-Salem, aggregated by CREhunt from CBRE, Cushman & Wakefield, Colliers. As of Q1 2026, average asking rent was $19.85/SF/yr and vacancy was 24.0%, per CBRE.
Projected current office pricing — Greensboro / Winston-Salem
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 CBRE data (cap rate 4.3%, asking rent held flat). Assumes ~76% occupancy and a 50–65% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 CBRE | $19.85/SF/yr | 24.0% | 38K SF | — | CBRE |
| Q2 2025 Cushman & Wakefield | $19.13/SF/yr | 12.9% | -159K SF | — | Cushman & Wakefield |
| Q4 2023 Colliers | — | 4.0% | 438 SF | — | Colliers |
Office asking rents by submarket
The newest asking rent a named brokerage's report published for each Greensboro / Winston-Salem office submarket, with its publisher and quarter. Submarkets whose newest figure cannot be attributed, or falls outside a plausible range, are left out.
| Submarket | Asking rent | Source |
|---|---|---|
| Green Valley/Midtown | $23.52/SF/yr Cushman & Wakefield · Q2 2025 | Cushman & Wakefield, Q2 2025 |
| High Point/SW Guilford | $18.66/SF/yr Cushman & Wakefield · Q2 2025 | Cushman & Wakefield, Q2 2025 |
| Kernersville | $18.76/SF/yr Cushman & Wakefield · Q2 2025 | Cushman & Wakefield, Q2 2025 |
| North Forsyth | $14.47/SF/yr Cushman & Wakefield · Q2 2025 | Cushman & Wakefield, Q2 2025 |
| North Greensboro | $23.00/SF/yr Cushman & Wakefield · Q2 2025 | Cushman & Wakefield, Q2 2025 |
| West Forsyth | $19.38/SF/yr Cushman & Wakefield · Q2 2025 | Cushman & Wakefield, Q2 2025 |
| West Greensboro | $17.51/SF/yr Cushman & Wakefield · Q2 2025 | Cushman & Wakefield, Q2 2025 |
Frequently asked questions
- What is the average asking rent for office space in Greensboro / Winston-Salem?
- As of Q1 2026, the average asking rent for office space in Greensboro / Winston-Salem was $19.85/SF/yr, per CBRE.
- What is the office vacancy rate in Greensboro / Winston-Salem?
- The office vacancy rate in Greensboro / Winston-Salem was 24.0% as of Q1 2026 (CBRE).
- Where does CREhunt's Greensboro / Winston-Salem market data come from?
- This report aggregates quarterly office market data for Greensboro / Winston-Salem from CBRE, Cushman & Wakefield, Colliers.