Winfield Place in Downtown Fort Worth Is for Sale—and Its Innovation Lies in the Elevator
See full Dallas Innovates article by Alex Edwards here.
Winfield Place is a 33,064-square-foot, three-story building that sits at 210 E. 8th St. in Fort Worth. It was originally constructed in 1919 as the city’s first parking garage for what was the Winfield Hotel, according to a statement.
After the renovations in 2016, the space became an open, modern office environment. But its most transformative aspect lies where you least expect it—in the elevator.
Per Transwestern Real Estate Services (TRS), the exclusive sales agent for Winfield Place, the showpiece of the original building was the car lift, which carried vehicles to various levels of the parking garage. That space is still an operational elevator, but now it serves as a glassed-in conference or board room for tenants.
TRS describes it as a way to have a meeting space on each floor with the press of a button.
“Winfield Place presents a rare opportunity to purchase a fully renovated and iconic office building,” Transwestern Principal Kirk Kelly, who represents the property owner, Left Deep Left LP, said in a statement. “The property is ideal for an investor or user that is looking for a plug-and-play office opportunity, and it is well-suited for a single or multiple tenants.”
Kelly said Winfield Place is an opportunity for a company to continue the legacy of the building for years to come. Despite the COVID-19 pandemic, Transwestern’s Second Quarter submarket report shows that the Fort Worth Central Business District will remain relatively stable in the long term.
TRS attributes the city’s high-quality space for users throughout the broader office market.
“The labor force in Fort Worth grew by 30.2 percent during the past nine years, 4.4 times faster than the 6.9 percent growth rate of the national labor force,” Kelly said. “This locally listed historic landmark is a great opportunity for a company to call this area home.”