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Weaver Renews Lease At One West 7th In Fort Worth

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LEASED
Daniel Mullen
Andy Goldston
+ 4

Texas

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Office36,000 SF
Leased 08/01/2022
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LEASED

Weaver Renews Lease At One West 7th In Fort Worth

2821 West 7th Street

See Similar Deals
Office36,000 SF
Leased 08/01/2022
Daniel Mullen
Andy Goldston
+ 4
Contact now

Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:36,000 SF
Transaction Type:Lease

The lease for the property at 2821 W. 7th St. in Fort Worth has been renewed. The office space spans 36,000 square feet and is located in the popular West Seventh submarket.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: Not mentioned
  • Address: 2821 W. 7th St.
  • Market: Fort Worth
  • Square Footage: 36,000

Dallas-based Citadel Partners represented Weaver, a national accounting firm, in the lease renewal. Citadel Partners is a corporate tenant and asset services real estate advisory firm. Weaver, as the original lead tenant, will continue to occupy the top two floors of the seven-story building at One West 7th. The lease includes prominent, top-of-building signage for Weaver.

Scott Morse, Scott Jessen, Andy Goldston, Daniel Mullen, and Katherine Jessen from Citadel Partners served as the tenant's representatives. Matt Carthey and Jake Neal from Holt Lunsford Commercial represented the landlord, Macfarlin Capital Group.

The lease renewal allows Weaver to accommodate its growth and national prominence while addressing the firm's future needs and the evolving workplace environment. Morse and his team have worked with Weaver for over 26 years to develop and implement a real estate strategy for the firm's national portfolio. Weaver has also completed assignments in other cities, including Oklahoma City, Houston, Midland, and Los Angeles.

Players

Matt Carthey
27 deals
BROKER

Jake Neal
Holt Lunsford Commercial
9 deals
BROKER

Scott Morse
Citadel Partners
4 deals
BROKER

Scott Jessen
Citadel Partners
4 deals
BROKER

Andy Goldston
Citadel Partners
3 deals
BROKER

Daniel Mullen
Citadel Partners
1 deal
BROKER

Katherine Jessen
Citadel Partners
2 deals
BROKER

Details

LEASED
IMAGE: Scott Morse, Scott Jessen, Andy Goldston, Daniel Mullen, Katherine Jessen, Matt Carthey & Jake Neal DATE: 08/01/2022 ADDRESS: 2821 W. 7th St. MARKET: Fort Worth ASSET TYPE: Office ~ SF: 36,000 LANDLORD: Macfarlin Capital Group LANDLORD'S REP: Matt Carthey & Jake Neal - Holt Lunsford Commercial (@HoltLunsfordCRE) TENANT'S REP: Scott Morse, Scott Jessen, Andy Goldston, Daniel Mullen & Katherine Jessen - Citadel Partners (@CitadelPartners) NOTE FROM BROKERS: Dallas-based Citadel Partners, a corporate tenant and asset services real estate advisory firm, represented national accounting firm, Weaver, in a 35,948-square-foot lease renewal at One West 7th, at 2821 W. Seventh St. in Fort Worth. Weaver was the original lead tenant for the seven-story One West 7th development, which opened in 2009 in the popular West Seventh submarket. Weaver will continue to occupy the top two floors and enjoy prominent, top-of-building signage. For more than 26 years, Morse and his team have worked closely with Weaver executives to create and implement a real estate strategy for the firm’s national portfolio. “With Weaver’s growth and national prominence, we have adapted our real estate strategy to address the future needs of the firm and the ever-changing workplace environment such that the real estate is flexible and supportive of Weaver’s business initiatives,” Morse says. “Toward that goal, we have recently completed assignments in Oklahoma City, Houston, Midland and Los Angeles to better accommodate the business moving forward. We are actively addressing other locations, as well.”

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Deal Type
Effective Rent (Annual)

$2,063,498.28

Total Lease Value

$20,634,982.76

Net Landlord Cash Flow$2,063,498.28