Summit Office Park Fort Worth, TX 76102

The southwestern quadrant of Tarrant County includes parts of in-town Fort Worth as well as suburban outposts outside of Loop 820/Interstate 20 such as Benbrook. Popular neighborhoods such as West 7th, the Cultural District, and the Fairmount-Southside Historic District fall within this area of Fort Worth. Inside Loop 820, Interstate 30 and the Chisolm Trail Parkway connect suburban neighborhoods with downtown Fort Worth. Recent investment in expanding the Chisolm Trail Parkway has enabled commuters to travel into Fort Worth proper more easily.

Aerospace and defense is the primary economic driver in this area. Lockheed Martin is one of the largest tenants here, employing more than 16,000 workers in the area. Southwest Fort Worth is home to the region’s medical district and includes a network of several hospitals and out-patient facilities. Texas Christian University is the area’s primary university and serves as a talent pipeline for firms in North Texas.

The majority of larger office space lies within Loop 820/I-20. Most space was constructed in the 1970s and 1980s. Among the larger buildings, the Pier 1 Imports occupies 410,000 square feet in an iconic 19-story tower. Construction activity here is modest, and the latest buildings feature footprints below 50,000 square feet.

Leasing activity has been robust, and vacancy rates are below the Dallas-Fort Worth norm. Rent levels are also below the Dallas-Fort Worth average and fall below rents in downtown Fort Worth and Alliance.