{"id":220760,"date":"2025-09-12T11:37:17","date_gmt":"2025-09-12T11:37:17","guid":{"rendered":"https:\/\/www.europesays.com\/us\/220760\/"},"modified":"2025-09-12T11:37:17","modified_gmt":"2025-09-12T11:37:17","slug":"fort-worths-class-a-office-market-only-has-a-few-big-block-options","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/220760\/","title":{"rendered":"Fort Worth\u2019s Class A Office Market Only Has a Few Big-Block Options"},"content":{"rendered":"

\"500<\/p>\n

There aren\u2019t many available options out there for a company of some size looking to settle into Class A office space in Fort Worth.<\/p>\n

In fact, there are only three properties in Cowtown that can currently accommodate a tenant in need of at least 40,000 square feet of contiguous space (which in the office sector means on the same floor or adjoining floors) \u2014 and they\u2019re all in the central business district.<\/p>\n

Downtown Fort Worth has the highest concentration of Class A offices in the city, and while new projects in the West\/Southwest Fort Worth submarket stand to spur some \u201cflight-to-quality\u201d movement (see JLL\u2019s Fort Worth office sector report for Q2 2025), the neighborhood has a ton going for it.<\/p>\n

\"CullenCullen Donohue<\/p>\n

\u201cWe\u2019re seeing more tenants want to be inside the CBD, the Cultural District, Near Southside,\u201d said Cullen Donohue, a market leader at Citadel Partners. \u201cThere\u2019s true demand here in Fort Worth. There\u2019s a ton of talent from an employee standpoint and lots of positive momentum for the city.\u201d<\/p>\n

Citadel Partners<\/a> is currently working to lease around 68,000 square feet of Class A office space on the top floor of 500 Taylor St., one of the three buildings downtown with 40,000-plus square feet available. The other two properties are 801 Cherry St. and 777 Main St.<\/p>\n

In downtown Fort Worth, 500 Taylor St. is part of a two-building mixed-use project owned by SADA Capital Partners LLC and SADA Tower LLC. The other building is The Tower at 500 Throckmorton St., a 37-story high-rise comprising 287 condos, restaurants, and retail.<\/p>\n

\u201cThe city offers a rare combination of economic strength, cultural depth, and pro-growth policies, making it a magnet for companies relocating to Texas,\u201d said Shaukat Sindhu, CEO and managing director of SADA Partners LLC and SADA Tower LLC. \u201cThis project fills a critical need for businesses looking to plant their flag in the heart of downtown, offering Class-A office space, best-in-class amenities and world-class dining all under one roof.\u201d<\/p>\n

\"500500 Taylor St. with The Tower just behind it to the right. Credit: Citadel Partners<\/p>\n

Office vacancies are up in Fort Worth over the previous two quarters, but JLL\u2019s Q2 report notes that this is the result of businesses relocating from Class B space in the city center to new Class A projects in the West\/Southwest Fort Worth submarket.<\/p>\n

Still, Cowtown\u2019s downtown office sector hasn\u2019t really seen the kind of exodus suffered by Dallas\u2019 city center<\/a>. It has also seen fewer adaptive reuse projects<\/a>.<\/p>\n

\u201cWe haven\u2019t seen the reduction in value and developers coming in saying \u2018this product\u2019s obsolete, we\u2019re going to try and find a different way to invest in it and make it viable,\u2019\u201d said Donohue. \u201cThere\u2019s just ultimately not enough space to accommodate the current office demand in the city.\u201d<\/p>\n

Timing was important too. Unlike some cities, Fort Worth didn\u2019t have a bunch of office projects coming online just as the nation pivoted to remote work at the onset of the COVID-19 pandemic.<\/p>\n

\"AndyAndy Goldston<\/p>\n

\u201cWe didn\u2019t have the big jump in supply and development of office buildings just before 2020 \u2026 So with the healthy steadiness of the Fort Worth market, occupancies have been steady to growing, and rent rates have been growing, so it\u2019s just been a very healthy market that hasn\u2019t necessitated adaptive reuse,\u201d said Andy Goldston, a partner at Citadel Partners who leads its Fort Worth office.<\/p>\n

Donohue and Goldston are leading the leasing effort for 500 Taylor St. alongside Citadel Partners senior advisor Breck Besserer.<\/p>\n","protected":false},"excerpt":{"rendered":"There aren\u2019t many available options out there for a company of some size looking to settle into Class…\n","protected":false},"author":3,"featured_media":220761,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5138],"tags":[120234,5229,120235,56933,120236,120237,12047,7371,7372,7746,358,120238,3187,67,586,132,5230,68,2969],"class_list":{"0":"post-220760","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-fort-worth","8":"tag-500-taylor","9":"tag-america","10":"tag-andy-goldston","11":"tag-citadel-partners","12":"tag-class-a-office","13":"tag-cullen-donohue","14":"tag-downtown-fort-worth","15":"tag-fort-worth","16":"tag-fortworth","17":"tag-office-buildings","18":"tag-texas","19":"tag-the-tower","20":"tag-tx","21":"tag-united-states","22":"tag-united-states-of-america","23":"tag-unitedstates","24":"tag-unitedstatesofamerica","25":"tag-us","26":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115191129538922465","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/220760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=220760"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/220760\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/220761"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=220760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=220760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=220760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}