Contact Us

Fort Worth State of the Market

Economic and Commercial Real Estate Update and Forecast

What You'll Learn

1) Fort Worth office is not that strong, clocking 21% vacancy in Q4 '17, and rents softened from $19.16/SF in Q3 to $19.02 in Q4. Will this downward trend continue, or are there opportunities for this office market to turn around?

2) How will XTO’s move impact Fort Worth’s office and hospitality market?

3) Fort Worth industrial is enjoying a 6.4% vacancy rate, and developers appear bullish on the market as there were roughly 600K SF delivered in Q4 '17 with another 300K SF on the way in South Fort Worth, and 3.6M SF on the way in North Fort Worth. What makes this market so attractive to industrial developers and investors?

4) Fort Worth multifamily is booming! Who's renting? and is there still enough demand for the new supply coming online in 2018?

5) With the changing behavior of shoppers and growing competition, how are retailers and retail developers adapting in the Fort Worth market?

Purchase Tickets

$0.00/ticket
Add to cart
Interested in Speaking? Registration Questions? **Price may not reflect real-time ticket price, prices are changed as thresholds are met.
**Bisnow is a cashless, checkless operation. Please only submit payment via credit card.

Agenda

Venue/Parking

Venue to be announced by Monday, February 19

Why This Matters

Fort Worth passes its 2017 checkup with good marks. The industrial, multifamily, retail and office markets in Fort Worth show strong fundamentals with rock-bottom vacancy rates. Strong job growth and in-migration support Fort Worth’s growth as developers continue to invest, especially in multifamily and industrial

A shining example of the growth in Fort Worth is the Cassco/Simon Center Shops at Clearfork development. It has the buzz of high-end retailers like Tesla and Neiman Marcus, luxury multifamily units and a successful trio of office buildings totaling roughly 340K SF.

Fort Worth multifamily is at 96.08% occupancy, and according to CBRE Research, there were 764 units delivered in Q3 2017 and another 7,725 units were under construction. The weighted average monthly rent for Fort Worth was $1.17/SF in Q3 2017.

Retail occupancy was at 94.8% in Q4 and the average asking rent went up from $13.71/SF in Q3 to $14.57/SF in Q4.

These numbers show great opportunity in this burgeoning market. Join us on March 20th to hear how you can join in!

Join the fun on Twitter with hashtag #BisnowDFW and don't forget to follow us @BisnowDFW!

For questions, recommendations, comments, or press inquiries please email Karen Pierre at Karen.Pierre@Bisnow.com. 

$0 Tue March 20, 2018 7:30 AM
Purchase Event Ticket
Interested in Speaking? Registration Questions? **Price may not reflect real-time ticket price, prices are changed as thresholds are met. **Bisnow is a cashless, checkless operation. Please only submit payment via credit card.