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Project Spotlight

Winston Tower

Description

Winston-Salem has been identified by JTM Capital as a target market due to the steady growth over the years and the city’s overall investment in the downtown and surrounding areas. It also is largely overlooked by institutional investors who focus on NFL cities, so there is value and yield to be realized. Winston-Salem offers all the benefits of Charlotte and Raleigh with its restaurant/brewery scene, local downtown arts district, and focus on innovation, yet has a much lower cost of living. We feel all of these factors will continue to make Winston-Salem a desirable place to live and work in the coming years. JTM Capital acquired the Winston Tower, a Class-B office building and historical landmark (built in 1966) in downtown Winston-Salem, in August of 2022. The office building is 30 floors totalling 400,000 rentable square feet, with five levels of underground parking totaling 240 spaces.

Location

Winston-Salem, NC

Property Type

Class B Office

Learn more about the past, present, and future of the iconic Winston Tower from Linville Team Partners.

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