CBRE | Triad is the leading commercial real estate services provider in the Piedmont Triad region of North Carolina, which encompasses Greensboro, Winston-Salem, High Point and Burlington. As an affiliate of CBRE, the world's premier full-service real estate services company, our industry-leading platform provides unparalleled service and expertise. Our operations are fully integrated with all other service lines within the CBRE umbrella, which include brokerage, appraisal, financial consulting, technical services, mortgage banking and investment properties. The depth of CBRE enables us to provide solutions to virtually any need that may arise for our clients.
Our experienced team of professionals strives to effectively and efficiently serve our clients. We can assess a client's entire real estate portfolio requirements and utilize strategic solutions that best assist owners, investors and consumers of commercial real estate. At CBRE, our priority is to help clients achieve their real estate objectives, whether those involve expansion, consolidation, acquisition, disposition or asset enhancement.
Our office has had a tremendous impact in the Triad real estate community based on deal volume over the past several years. In 2016, the Triad office completed 227 total transactions worth over $199 million. Of those, 190 were lease transactions encompassing 4.9 million square feet worth $157.3 million, and 37 sales transactions worth $41.6 million. In 2016, the CBRE Mid-South offices (excluding Northern Virginia and Charlotte, NC offices) completed 373 sales transactions totaling $2.1 billion, and 1,542 leasing transactions encompassing 17.7 million square feet with gross value of $1.09 billion.
Our office is the largest property management firm in the Piedmont Triad, managing over 6.9 million square feet for both owners and investors of commercial real estate. The vast portfolio includes office, industrial, retail and flex properties.
Greensboro is located in the heart of North Carolina, approximately 70 miles west of Raleigh and 90 miles northeast of Charlotte. The Triad market consists of approximately 75 million square feet of industrial space and 24 million square feet of office space.