Bisnow (January 3, 2018) – 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.
“I think the entirety of Dallas-Fort Worth continues to be one of the top relocation destinations for both people and companies. So, I think we’re going to continue to grow at a decent rate, just organically, because of the favorable tax laws and business regulations,” CBRE Senior Vice President, David Walters said.
According to Walters, a shining example of the growth in Fort Worth is the Cassco/Simon Center Shops at Clear Fork development. It has the buzz of high-end retailers like Neiman Marcus, luxury multifamily units and a successful trio of office buildings totaling roughly 340K SF.