High Point Commercial Real Estate Market
High Point's identity is inseparable from the International Home Furnishings Market, which brings approximately 75,000 buyers, designers, and media from 100+ countries twice each year. This singular event transforms millions of square feet of showroom space into the world's largest home furnishings marketplace, creating a real estate asset class that exists nowhere else. Market-connected showroom properties generate rents and occupancy patterns unlike any other commercial property type — understanding these dynamics is essential for sellers seeking to capture full value.
Beyond the furniture market, High Point's economy is diversifying. High Point Regional Hospital (now part of Atrium Health) provides healthcare employment stability. Advanced manufacturing operations have replaced some of the traditional furniture factories, bringing higher-wage production jobs. The Congdon Yards creative campus is catalyzing downtown revitalization, attracting technology and creative companies to repurposed industrial space. High Point University's expansion and investment has transformed the university's surrounding area and brings over 6,000 students and significant institutional spending.
For sellers, High Point presents a nuanced market: furniture showroom and market-connected properties operate in a global marketplace with a specialized buyer pool, while non-market commercial properties trade based on local and regional fundamentals. Industrial along the I-85/I-74 corridors attracts logistics and manufacturing tenants, offering yields that significantly exceed Charlotte or the Triangle. Understanding which valuation framework applies to your specific property is the critical first step in a successful sale.
Top Property Types in High Point
Industrial & Warehouse
High Point's furniture showroom properties constitute a real estate asset class that exists nowhere else in the world. These purpose-built or converted spaces serve the International Home Furnishings Market, generating rental income tied to global furniture industry dynamics rather than local market conditions. Showroom properties vary dramatically in value based on location (proximity to IHFC and Suites at Market Square), condition, and market-tenant relationships. Proper valuation requires deep understanding of the furniture industry's trade show economics.
Showroom & Flex
High Point's I-85 and I-74 interchange provides strategic logistics positioning for industrial and distribution properties. Traditional furniture manufacturing facilities are being repurposed for modern distribution, e-commerce fulfillment, and advanced manufacturing operations. Properties with modern clear heights, dock access, and trailer parking command premium rents. The corridor benefits from its central Piedmont Triad location, providing access to Greensboro, Winston-Salem, and the broader I-85 corridor between Charlotte and the Triangle.
Retail & Service
Atrium Health High Point (formerly High Point Regional Hospital) and High Point University's campus expansion anchor demand for medical office and institutional-adjacent commercial properties. Medical office near the hospital campus along Quaker Lane and Lindsay Street sees stable occupancy from physician practices and outpatient services. High Point University's growth — the campus has expanded dramatically under President Nido Qubein's leadership — creates secondary demand for student-serving retail, dining, and service properties nearby.
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Cap rates in High Point are higher than Greensboro or Winston-Salem, reflecting the smaller market. This creates attractive yields for investors.
Why High Point Property Owners Work With John Salony
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