COMMERCIAL REALTY ADVISORS’ “751 WEST FOURTH” OFFICE BUILDING IS NAMED N.C. BUILDING PROJECT OF THE YEAR

The first multi-tenant office building to be developed in Winston-Salem since 2000 has been named North Carolina’s top building project of 2014 by the N.C. branch of the Commercial Real Estate Development Association, the nation’s leading professional organization of commercial real estate developers.

     (Note: The association still uses its old initials, NAIOP, which stand for National Association for Industrial and Office Parks – although its official name was changed in 2009 to reflect an expanded mission and membership.)

     The award, one of several “Cornerstone Awards” presented at the 2015 NAIOP Statewide Conference held in Pinehurst on April 21-22, honors a “new or renovated construction project in North Carolina that is outstanding in quality, building components, innovations, project delivery, and schedule” and that was completed in calendar year 2014.

     Several other major – and in some cases, larger – projects across the state, including in Charlotte, competed for the award.

     A distinguishing feature of the 751 West Fourth project was the fact that it was 100% locally sourced. The architectural firm was archSTUDIO7, which played a pivotal role in designing a structure that complemented its West Fourth Street surroundings, dramatically enhanced the city’s skyline, and created an open and occupant-friendly interior environment.   

     Frank L. Blum Construction Co. was the general contractor, and Stimmel Associates was the civil engineer. Walter Robb Architects, Steele Group Architects and archSTUDIO7 contributed to the design of the current tenants’ respective office spaces.

     The 751 West Fourth project was developed and is managed by Winston-Salem-based Commercial Realty Advisors LLC, which now has its offices in the new building, along with The Winston-Salem Foundation and Atlantic Capital Advisors.