St. John Properties has recently acquired a 30-acre site in Wake Forest, North Carolina for the development of Wake Forest Exchange, a dynamic mixed-use business community spanning over 165,000 square feet. This prime location near Star Road and South Main Street offers easy access to major highways and amenities.
The first phase of development is set to begin in early 2024 with plans for two flex/R&D buildings totaling approximately 95,000 square feet, along with a single-story commercial office building spanning 25,000 square feet and a retail space covering an additional 10,000 square feet. The remaining flex/R&D and retail buildings will be developed based on leasing demand to complete the project by 2027.
This ambitious project is expected to bring nearly five hundred jobs upon completion through its diverse range of spaces designed for businesses seeking flexibility and convenience. Stay updated on St.Johns Properties’ progress as they move forward with their exciting new venture in Wake Forest’s thriving market.