Citadel Partners, a Dallas-based corporate tenant and property services real estate advisory firm, represented national accounting firm Weaver in the lease renewal of 35,948 square feet of One West 7.eye, Located at 2821 W. Seventh St., Fort Worth.
Weaver was the original lead tenant of the seven-story One West 7.th It opened in the popular West Seventh submarket in 2009. Weaver will continue to occupy his two top floors and install a prominent sign at the top of the building.
“There have been many changes over the last decade with company growth, office design standards, and corporate real estate strategy. We began looking for spaces that elevated and embodied Weaver’s current brand and corporate culture,” said Scott Morse, Managing Partner, Citadel Partners.
Weaver was represented by Morse. Managing Citadel Partners with his partner, Scott Jessen. Andy Goldston, Fort Worth Market Principal. Fort Worth Market Associate Advisor Daniel Mullen. Advisor Katherine Jessen. Matt Carthey and Jake Neal of Holt Lunsford Commercial represented her Macfarlan Capital Partners, landlords.
“We tried to understand what our employees and partners wanted for a modern workspace, and used those details to conduct drive time, competition mapping, and demographic research,” says Morse. “During the search, we looked at 27 properties in various parts of town that could accommodate the footprint Weaver needed. Ultimately, Weaver renewed his long-term commitment to One West 7. did.th Because of building efficiency, walkability, parking allocation and signage. In addition, the landlord’s commitment to add additional equipment, coupled with attractive economic terms in the deal, closed the deal. ”
Citadel worked with the Weaver team and Corgan Architects to create a vision for the Fort Worth office. The plan calls for a complete and sweeping renovation of his two floors that will allow for a more open and unified working environment. As with his Dallas and Houston offices, Weaver installed internal staircases that allow him to connect the two levels and facilitate collaboration, Jessen says.
Weaver signed a lease renewal this summer and moved into a temporary space in the building shortly thereafter. Construction is currently underway and Weaver plans to move into his newly renovated office in November 2022.
“One West 7th It’s the ideal location for our team in the heart of Fort Worth’s vibrant West 7th neighborhood, surrounded by restaurants, retail stores, and apartment complexes. “This updated site brings our vision to Fort Worth to best serve our clients and team members in a modern, collaborative environment.”
Dean McFarlan, Founding Partner, McFarlan Capital Partners, said: “As part of the renovation, we plan to build an amenity center on the second floor that will serve weavers and other tenants who can use the center for meetings and special events.”
“This lease extension will allow Weaver to remain in one of Fort Worth’s most desirable locations, within walking distance to numerous amenities, including high-end, modern apartments, a movie theater, fitness facility and numerous dining options. of long-term tenants enhances investment in McFarlane’s West 7th property and benefits investors.This is truly an all-out win and has facilitated this transaction for each party. We thank the team at Citadel Partners and Holt Lunsford,” adds Macfarlan.
Corgan Architects works with Weaver to design office interiors nationwide. Gauge Real Estate Partners is the construction manager for this project.
For more than 26 years, Morse and his team have worked closely with Weaver executives to create and execute real estate strategies for the company’s nationwide portfolio. “With Weaver’s growth and national profile, we are adapting our real estate strategy to meet the company’s future needs and ever-changing work environment, ensuring our real estate is flexible and capable of supporting Weaver’s business initiatives. I did,” Morse says. “Towards that goal, we recently completed missions in Oklahoma City, Houston, Midland and Los Angeles to be ready for business moving forward. We are actively working on other locations as well. .”
Weaver’s lease in Fort Worth is one of the latest deals from Citadel Partners’ recently opened Fort Worth office. In addition to leasing Weaver, Goldston and Mullen also recently closed an 8,600-square-foot office lease.
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