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The western-most component of the Dallas-Fort Worth metroplex recorded the fifth-largest population growth from 2010 to 2020: Here, the number of residents increased 24% to a total of nearly 919,000, according to the most recent Census. More precisely, at the close of 2020, the local office inventory encompassed roughly 31,850,000 square feet of office space in buildings that are at least 25,000 square feet in size. Furthermore, construction data tracked by CommercialEdge shows that 5,038,996 square feet of that total was completed since the start of 2010, marking a 19% office market expansion during the last decade.
The portfolio encompasses six micro-hospital locations that are strategically located throughout the Dallas-Fort Worth region near population centers that have good access to major transportation modes serving the larger area. Built between 2014 and 2018, all six locations are affiliated with the Baylor Scott & White Health System — the largest hospital system in the metroplex.
Located within the Westlake DFW submarket, the five-story Southlake building at 3150 Sabre Drive incorporates nearly 270,000 square feet of Class A, suburban Fort Worth office space. Sabre has occupied space in this building, as well as in the neighboring edifice, since 2002.
Fort Worth has the second-highest share of commuters who use a motorized vehicle to get around (84%) and traffic plays a big part in it being one of the noisiest mid-sized cities in U.S.