Receiver Sale | Trophy Office Tower | Adaptive Reuse Opportunity

Starting Bid $1,750,000

Brokered by CBRE and powered by RealINSIGHT Marketplace, 200 W. Second Street is a 272,820-square-foot, 20-story trophy office tower in the heart of downtown Winston-Salem's CBD. Built in 1987 as the BB&T Bank headquarters, the fully vacant tower sits on 1.22 acres with 13,600-SF floor plates and offers a rare, full-scale repositioning opportunity to multifamily, hotel, or mixed-use, following the successful conversion of three nearby downtown towers since 2014. The Property sits within a designated Qualified Opportunity Zone and adjoins the Wake Forest Innovation Quarter, which has added 1.7 million square feet of mixed-use space since 2012. Recent capital improvements include a 2019 roof, 2021 boilers, and 2014 elevator modernization. Offered free and clear on an all-cash, unpriced basis, the asset gives a buyer full control to reimagine an iconic tower in one of the Southeast's fastest-growing, most affordable downtowns.

Auction Broker: Patrick Gildea

Broker E-mail:

Auction Company: CBRE