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Office Space for Rent in Fort Worth, TX - 4,028 Listings

Fort Worth, TX - Office Space for Lease

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Fort Worth, TX - Office Market Overview

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The Fort Worth real estate market includes the Bonnie Brae, Garden of Eden, and Upper West Side commercial real estate submarkets. While the City of Fort Worth itself has a population of over 850,000 residents, it is also the second-largest city in the Dallas - Fort Worth - Arlington metropolitan area, which harbors a population of over 7 million people. Energy, transportation, and the aerospace industries are some of the principal drivers of the real estate market in Fort Worth, Texas.

As of mid-2017, the Fort Worth office market encompasses nearly 24.6 million square feet of existing office space in properties larger than 50,000 square feet. Due in part to the city’s metroplex location, there is consistently robust demand for commercial real estate in Fort Worth TX.

Fort Worth, TX - Office Inventory Description

Fort Worth contributes to its share of the Metroplex's $504 billion in gross annual metropolitan product, and also sees strong demand for white-collar office space within its borders. Nearly 38% of the office inventory in Fort Worth is Class A or A+, while Class B office space amount to nearly 58% of the office market inventory.

The Downtown Fort Worth office market is home to some of the most prestigious Class A office buildings in the region. Located west of the I-35W freeway and north and south of the I-30 freeway, office buildings such as 777 Main, the Oil & Gas/Star Telegram office building, and the D.R. Horton Tower at 301 Commerce Street continue to see strong demand from tenants and interest from national and global commercial real estate investors.

Fort Worth, TX Commercial Inventory Breakdown

Office Spaces

Total: 24,369,390 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 4,236,193 SF / 17.38% of total office
  • 100k to 500k SF: 13,221,559 SF / 54.25% of total office
  • 500k to 1M SF: 4,520,139 SF / 18.55% of total office
  • > 1M SF: 2,391,499 SF / 9.81% of total office

By class:

  • Class A: 11,385,764 SF / 46.72% of total office
  • Class B: 11,255,334 SF / 46.19% of total office
  • Class C: 146,532 SF / 0.6% of total office

Top 10 Largest Office Buildings

in Fort Worth

Office building Address Sqft Year built
Alcon Laboratories - Office Towers 6201 South Fwy, 76134 1,366,872 2003
Burnett Plaza 801 Cherry Street, 76102 1,024,627 1983
777 Main 777 Main Street, 76102 954,895 1982
Bank of America Tower 301 Commerce Street, 76102 820,509 1981
BNSF Railway Corporate Headquarters 2650 Lou Menk Drive, 76131 807,494 1990
Wells Fargo Tower 201 Main Street, 76102 716,533 1982
5555 Beach Street 5555 North Beach Street, 76137 668,018 1996
The Fort Worth Club 306 West 7th Street, 76102 552,690 1925
5401 Beach Street 5401 North Beach Street, 76137 457,628 1994
Oil & Gas/Star - Telegram 309 West 7th Street, 76102 439,802 1929

Most Recently-Built Office Buildings

in Fort Worth

Office building Address Sqft Year built
Moncrief Medical Center at Fort Worth 600 South Main Street, 76104 110,000 2017
Galderma Laboratories - Office and Training Facility 14501 North Freeway Service Road East, 76177 100,000 2017
5600 Clearfork Main 5600 Clearfork Main Street, 76107 180,000 2016
3017 West 7th Street 3017 West 7th Street, 76107 60,000 2016
FAA Regional Headquarters 10101 Hillwood Pkwy, 76177 357,214 2015
Hillwood Commons I 9800 Hillwood Pkwy, 76177 154,063 2015
Park Hill Medical Pavilion 3455 Locke Avenue, 76107 51,501 2015
Alliance Medical Office Building 3025 North Tarrant Pkwy, 76177 50,000 2015
Texas Health Professional Buildings 1 & 2 6301 Harris Pkwy, 76132 160,000 2014
The Cassidy 407 Throckmorton Street, 76102 99,000 2014

Fort Worth, TX - Green Office Space

Employment

An excellent example of green office space in Fort Worth is the LEED certified Wilcox Plaza at Green Oaks. This 187,500-square-foot office building is located in the Ridgmar commercial real estate submarket of Fort Worth and proudly holds a LEED Gold certification for energy efficiency.

The demand for green office space continues to grow, as tenants seek more cost-effective, energy-efficient Class A office space in Fort Worth. The 2017 report by the National Green Building Adoption Index surveyed the top 30 major office markets in the U.S. The Dallas - Fort Worth metro area ranks 17th for LEED-certified, EPA Energy Star-rated, and green office building construction. In fact, a recent report from the North Texas U.S. Green Building Council Chapter discovered that energy-efficient office building construction is a major economic driver both in the Metroplex and in the State of Texas overall.

Fort Worth, TX's Top Office-Using Sectors

Some of the top office-using sectors in the Fort Worth TX commercial real estate and office market include the energy, transportation & aerospace, and healthcare industries, along with large corporate office headquarters.

  • Energy – Pioneer Natural Resources, XTO Energy, and Encana Oil & Gas are some of the largest producers of oil in the Dallas - Fort Worth Metroplex region and help drive the demand for Class A office space in the area.
  • Transportation & Aerospace – Companies such as Bell Helicopter, Lockheed Martin, American Airlines, and BNSF Railway are major users of office space in Fort Worth.
  • Healthcare – Global medical company Alcon, JPS Health Network, Harris Methodist Hospital, and Cook Children's Health Care System help create demand in the Fort Worth commercial real estate market.
  • Corporate Office Headquarters – Pier 1 Imports, Radio Shack, and D.R. Horton all create white-collar office employment in Fort Worth.

Fort Worth Demographics

Population

  • Total Population796,614
  • Male Population(48.6 %) 387,317
  • Female Population(51.4 %) 409,297
  • Median Age31.90

Income/Financial

  • Average Household Income$70,536
  • Median Household Income$53,214
  • Median Income Under 25$27,454
  • Median Income 25-44$57,811
  • Median Income 45-64$59,871
  • Median Income Over 65$38,109

News

The $504 million in disclosed-price Q1 transactions marks a 63% year-over-year decrease in dollar volume, making it the worst-performing quarter in five years. Out of the 22 sales recorded in Q1, only 10 were disclosed-price transactions. Even though sales amassed in the remaining 12 deals would...

The Texas office market had a rather slow Q4 in 2017, with dollar volume and average prices both falling below the levels of the previous years. Dallas-Fort Worth and Houston were the most active markets during the final three months of the year, while Austin and San Antonio didn’t witness...

We recently analyzed the U.S. office pipeline to see which are the cities expected to add the most office space during 2018. The coming year looks promising in terms of office development activity, so we thought we’d take another look at the commercial pipeline, this time focusing on the i...