In 2023 the Guilford County, NC commercial real estate market totaled 15,408,951 square feet of office spaces, 21,618,122 square feet of office spaces with retail, and 76,300,086 square feet of industrial space.
Office Spaces
Total: 15,408,951 SF
Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
Range |
Total square feet |
Share of total |
50k to 100k SqFt |
5,127,731 SqFt |
33.28% of total office |
100k to 500k SqFt |
9,598,220 SqFt |
62.29% of total office |
500k to 1M SqFt |
683,000 SqFt |
4.43% of total office |
By class:
Class |
Total square feet |
Share of total |
Class A |
7,221,763 SqFt |
46.87% of total office |
Class B |
7,454,441 SqFt |
48.38% of total office |
Class C |
477,747 SqFt |
3.1% of total office |
Roughly 4.43% of the total office space in Guilford County, NC is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 33.28% of the office inventory.
Class A office space holds a 46.87% share of the overall Guilford County, NC office market, while Class B office assets make up approximately 48.38%.
Industrial
Total: 76,300,086 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
Range |
Total square feet |
Share of total |
50k to 100k SqFt |
17,277,825 SqFt |
22.64% of total industrial |
100k to 500k SqFt |
40,753,598 SqFt |
53.41% of total industrial |
500k to 1M SqFt |
10,161,847 SqFt |
13.32% of total industrial |
> 1M SqFt |
8,106,816 SqFt |
10.62% of total industrial |
By class:
Class |
Total square feet |
Share of total |
Class A |
27,586,624 SqFt |
36.16% of total industrial |
Class B |
40,433,322 SqFt |
52.99% of total industrial |
Class C |
4,029,960 SqFt |
5.28% of total industrial |
There are 40,753,598 square feet of commercial real estate properties between 100k to 500k square feet, representing 53.41% of the Guilford County, NC industrial inventory. Class A assets total 27,586,624 square feet of industrial space, with an additional 40,433,322 square feet of Class B and 4,029,960 square feet of Class C properties.
Office Spaces with Retail
Total: 21,618,122 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
Range |
Total square feet |
Share of total |
50k to 100k SqFt |
5,203,960 SqFt |
24.07% of total office with retail |
100k to 500k SqFt |
9,410,881 SqFt |
43.53% of total office with retail |
500k to 1M SqFt |
500,668 SqFt |
2.32% of total office with retail |
> 1M SqFt |
6,502,613 SqFt |
30.08% of total office with retail |
By class:
Class |
Total square feet |
Share of total |
Class B |
72,000 SqFt |
0.33% of total office with retail |