77.2 F
Fort Worth
Thursday, October 22, 2020
Real Estate JLL to market Cultural District buildings as they receive upgrade, expansion

JLL to market Cultural District buildings as they receive upgrade, expansion

Other News

Exxon’s oil slick

Exxon Mobil is slashing its capital spending budget for 2020 by 30% due to weak demand caused by the COVID-19 pandemic and a market...

Folk music’s Mark Twain: 7 Essential tracks from John Prine,

NEW YORK (AP) — Some people, the songs just come out of them. For nearly half a century, they tumbled out of John Prine...

Tarrant County records another COVID-19 death

Tarrant County Public Health (TCPH) on Wednesday, April 8 reported that a resident of Euless has died as the result of the COVID-19 virus....

Tradition stymied: A year unlike any since WWII for Augusta

The Masters is so intertwined with Augusta, they added an extra day to spring break.You see, the first full week of April isn't just...

A major building in the Cultural District originally designed by a legendary Fort Worth architect is being upgraded and expanded.

JLL announced March 20 the firm has been retained as the exclusive leasing partner for 300 Bailey and 464 Bailey located in the Cultural District of Fort Worth.

JLL’s Matt Montague and Alec Whitman are leading the marketing and leasing efforts for both properties on behalf of ownership group, Mereken Land & Production Co.

The firm also announced redevelopment plans for 464 Bailey today, which was originally designed by legendary Fort Worth architect Preston Geren and built by Byrne Construction in 1954.The renovation project will transform the property into a Class A boutique office. In addition to upgrades and renovations, including onsite shower facilities for tenants and the addition of a second-floor terrace with views of downtown Fort Worth and the West 7th corridor, the property will also undergo significant expansion nearly doubling the footprint from 12,000 square feet to 22,000 square feet of office space.

“We’ve seen increased demand for quality office space across Fort Worth from established companies experiencing organic growth and new firms entering the market,” said Montague. “Mereken Land & Production is repositioning these assets to meet that demand, and we are excited for the additions and upgrades which will position these office properties for long-term success among the city’s best-in-class.”

Latest News

Real Estate: Office still a question mark as industrial remains strong in 3Q

The Dallas-Fort Worth area is a leading area around the country in terms of office occupancy, but there remain plenty of employees...

Texas housing market rebounds in September along with U.S.

Texas’ housing market rebounded in September as homebuyers rushed to take advantage of historically low mortgage rates. Existing homes sold through Texas...

Building in a time of uncertainty

On Thursday, Oct. 29, at exactly 4 p.m. First United Methodist Church of Fort Worth leaders and ministry representatives will pull together...

Phase II of Arlington Commons tops out

KWA Construction has topped out on Phase II of Arlington Commons, one of the largest redevelopment projects in North Texas. Developed by...

Home furnishings retailer Living Spaces opening Fort Worth location

Leading home furnishings retailer, Living Spaces, is opening a brand new showroom in Fort Worth. Located in the AllianceTexas area at 8640 Tehama Ridge Parkway, the...