Winston-Salem, NC | 242,000 sq. ft.
Triad Commercial represented Inmar in it's search for a 240,000 square foot corporate headquarters. Triad Commercial's process compared multiple options in Winston-Salem, North Carolina with options in competing states.
After evaluating several very attractive options, Inmar selected a 242,000 square foot historical renovation project in Winston-Salem's Innovation Quarter. The Innovation Quarter is a 200+ acre research park located in Winston-Salem's revitalized CBD. The park is being developed by Wake Forest University in partnership with BioMed Realty Trust. The recruitment of Inmar's 1,000 associates was a coup for the park, and Inmar's transaction terms reflect this.
Inmar's transaction was enhanced by State and Local incentives, as well as incentives specific to the Innovation Quarter. The $100 million project was fully eligible for historical tax credits, allowing Inmar to lease a signature headquarters building at a lease rate competitive with value-priced space in the Winston-Salem market.