St. John Properties has recently acquired a 30-acre parcel of land in Wake Forest, North Carolina for the purpose of developing a mixed-use business community called Wake Forest Exchange. This development will include approximately 165,000 square feet of flex/R&D, single-story commercial office, and retail space. Conveniently located near Star Road and South Main Street in Wake Forest, this project is set to begin its first phase in early 2024.
The initial phase will consist of two flex/R&D buildings totaling around 95,000 square feet as well as a separate office building spanning over 25,000 square feet and a retail building covering an area of about 10