Fort Worth State Of The Market 2018 | Bisnow | 20 March 2018 | Sheraton Fort Worth Downtown Hotel, 1701 Commerce St, Fort Worth, TX 76102, USA

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.

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?

Rob McConnell
Principal, Ventures Development Group

Michael Becker
Principal, SPI Advisory

Cindy Harris
VP, Development, Lang Partners

Sheila Carter
VP, Southwest Region, Lincoln Property Company

Bexie Nobles
Director of Community Relations, Republic Property Group – Walsh

Joey Tumminello
Associate, Institutional Property Advisors (IPA)

Stephen Coslik
Chairman, The Woodmont Company

JD Granger
Executive Director, Trinity River Vision Authority

Julie Wilsey
Leasing and Development, Cassco Development Company

Andy Taft
President, Downtown Fort Worth, Inc.

Randle Harwood
Planning and Development Director, City of Fort Worth

2018 Sponsors

• WLS Ligthning System
• Adolfson & Peterson Construsction
• Institutional Property Advisors
• AISC
• Southland
• Fab-crete
• We-work
• Harris Kocher Smith