XTO Energy to Sell Iconic Fort Worth High-Rise

JLL Executive Vice President Ryan Matthews will oversee the marketing efforts for the 119,846-square foot, 20-story asset located in the city’s downtown.

WT Waggoner Building, Fort Worth, Texas
WT Waggoner Building, Fort Worth, Texas

XTO Energy Inc. is selling the WT Waggoner Building located in downtown Fort Worth, Texas. The company bought the property in 1996 for an undisclosed price. JLL Executive Vice President Ryan Matthews will be leading the marketing efforts for the property. The Tarrant County assessor’s office most recently evaluated the asset at roughly $10 million. 

Located at 810 Houston St., the iconic Fort Worth tower features 119,846 square feet of rentable office space. Built in 1920, the 20-story property also features an adjacent 32,000-square-foot lot that currently accommodates approximately 100 parking spaces.

Development opportunity

The Fort Worth Convention Center and Sundance Square are located nearby. Dining, shopping and entertainment opportunities are also easily accessible from the property.

“The Waggoner Building is one of the most well-known and recognizable buildings in Fort Worth,” Matthews said in a prepared statement. “Its position within downtown and its potential for development on the adjoining surface lot create a transformational opportunity for whomever acquires this iconic asset.”

Image courtesy of Yardi Matrix