Downtown Fort Worth landmark is for sale
See full Dallas News article by Steve Brown here.
A landmark Fort Worth building is up for grabs.
At 35 floors, The Tower was Fort Worth's tallest skyscraper when it opened in 1974.
Designed by renowned Atlanta architect John Portman, the building was used for offices until 2000, when a tornado shattered the downtown landmark and the building closed.
Developers renovated the former Bank One Tower into a combination of luxury condominiums, retail and office space.
Now the retail and office portion of the project is for sale. A total of 181,180 square feet of commercial space in the high-rise is being offered to buyers by commercial real estate firm HFF.
The commercial property is more than 80 percent leased.
"The iconic property is located adjacent to downtown Fort Worth's Sundance Square, one of the nation's most vibrant 24-hour office, retail and entertainment districts," HFF says in marketing materials. "The Tower consists of two buildings encompassing two and one-half city blocks located at 500 Throckmorton and 400 and 500 Taylor Street."
Some of the space for sale is in the lower levels of The Tower's adjacent parking garage.
The residential condominiums are not included in the sale.
Location Mentioned: Sundance Square Plaza