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Fort Worth Commercial Real Estate In-depth
Fort Worth is the fifth-largest city in the state of Texas and the seventeenth-largest city in the United States. The city is the second-largest cultural and economic center of the Dallas–Fort Worth–Arlington metropolitan area (commonly called the Metroplex), the fourth-largest metropolitan area in the U.S. with a population of 6.8...
Fort Worth Commercial Real Estate In-depth
Fort Worth is the fifth-largest city in the state of Texas and the seventeenth-largest city in the United States. The city is the second-largest cultural and economic center of the Dallas–Fort Worth–Arlington metropolitan area (commonly called the Metroplex), the fourth-largest metropolitan area in the U.S. with a population of 6.8 million in sixteen counties.
With a thriving, diverse business environment, Fort Worth has become a major center for industry, technology, distribution and transportation. Making Fort Worth commercial real estate for lease a part of your business is an excellent decision. In fact, the Fort Worth area was recently named the "South's Number One Market of the Past 15 Years" by Southern Business & Development Magazine. The region was honored with this distinction because of its corporate recruiting success in the 12-county area.
Fort Worth is booming and so are the business opportunities and need for commercial real estate in Fort Worth. Envision your business in Fort Worth, where your business is worth more. Already a major center for industry, technology, distribution and transportation, Fort Worth is a city perfectly situated to grow your company. With abundant land and low operation costs, corporations find this Western metropolis an ideal place to do business. Fort Worth offers the very best of Texas - an atmosphere of partnership and progress, coupled with a sky-high quality of life and burgeoning business opportunities.
Fort Worth has traditionally been a diverse center of manufacturing, and the city had demonstrated strong economic growth since the 1980s. Forecasts call for an increase of manufacturing jobs, supplying 32,048 new manufacturing jobs between 2004 and 2025 for an annual growth rate of 1.2 percent. Government sector jobs are expected to show continued growth, and the transportation, communication, and utilities sector is forecasted to show growth as well. With all this new growth, Fort Worth commercial real estate will become a necessity for your business to grow.
Fort Worth commercial real estate for sale is also home to many business parks including Alliance, Beechwood, Carter Distribution Center, Carter Industrial Park, CentrePort, Fossil Creek, Mark IV, Mercantile, Railhead and Riverbend.
Fort Worth commercial real estate provides home for many major companies including American Airlines, Lockheed Martin Tactical Aircraft Systems, Bell Helicopter Textron, Radio Shack Corporation, SABRE, Pier 1 Imports, and Burlington Northern Santa Fe. Emerging economic sectors in the new century include semiconductor manufacturing, communications equipment manufacturing, corporate offices, and distribution.
"Strategy 2000, Diversifying Fort Worth's Future," is a program which has as its goal the creation of a healthy, diverse, less defense-dependent economy supported by business development, emerging technologies, international trade, and a world class workforce. Tech Fort Worth, an off-shoot of "Strategy 2000," is a business incubator that works with the Fort Worth Business Assistance Center to foster new start-up companies.
Tourism is an important contributor to the local economy. According to the Fort Worth Convention and Visitors Bureau, in 2004 there were 8.7 million visitors to Fort Worth, who spent $1.2 billion in the city and even more in the surrounding areas.
The quality of life is another reason why Fort Worth commercial real estate is a great choice. Partners for Livable Cities selected Fort Worth as one of “America’s Most Livable Communities,” and for good reason. It is an affordable city bursting with culture, beauty, entertainment, resources and friendly people.