Saturday, October 23, 2021
85.3 F
Fort Worth

American Airlines’ current HQ up for sale

🕐 1 min read

As construction on American Airlines’ new headquarters in Fort Worth continues, the airline’s current world headquarters at 4333 Amon Carter Blvd. is already up for sale. 

The 40-acre complex, divided into four land parcels, includes 3 buildings with 1.39 million square foot of class A office space and 6.33 acres of vacant land.

Transwestern Commercial Services announced on Thursday that it will be the exclusive representative for the property’s disposition.

“This offering presents an outstanding opportunity for a user or investor to acquire an ideally located office campus with excellent recruiting access to both Dallas and Fort Worth,” said Transwestern’s Managing Director Mike Hardage, who is overseeing the disposition strategy.

Transwestern did not disclose the expected sale price.

The airline’s new headquarters, which includes a $250 million-hotel, is scheduled for completion in 2021.

American Airlines employees will be vacating the current facility in stages over the next 18 months.

Transwestern said the property, which is 48.6% occupied, is in excellent condition and will trade at a significant discount to replacement cost.

“The campus is a wonderful opportunity for a visionary investor or user to create something truly special and unique in this region,” Hardage said. “I look forward to watching the evolution of this iconic DFW asset.”

Neetish Basnet
Neetish is a writer and digital content producer for Fort Worth Business Press. He has been covering businesses of all shapes and sizes in the Dallas-Fort Worth metroplex for several years. After graduating with a journalism degree from University of Texas-Arlington, Dow Jones News Fund selected him for a digital media fellowship. He still likes the smell of a freshly printed newspaper.

Related Articles

Our Digital Sponsors

Latest Articles

Texas Rangers
Fort Worth Business Press Logo
This advertisement will close in
00
Months
00
Days
00
Hours
00
Minutes
00
Seconds
seconds..
Click here to continue to Fort Worth Business Press

Not ready to subscribe?

Try a few articles on us.

Enter your email address and we will give you access to three articles a month, to give us a try. You also get an opportunity to receive our newsletter with stories of the day.

This field is for validation purposes and should be left unchanged.

Get our email updates

Stay up-to-date with the issues, companies and people that matter most to business in the Fort Worth.

  • Restaurants
  • Technology
  • and more!

FWBP Morning Brief

FWBP 5@5

Weekend Newsletter

  • Banking & Finance
  • Culture
  • Real Estate