Downtown Fort Worth leads DFW in energy-related office tenants

February 14,2015

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XTO Energy is among the many energy companies with offices in downtown Fort Worth. RON JENKINS AP

Fort Worth’s central business district has the highest concentration of oil-related office tenants in the Metroplex, according to a CBRE Texas Marketflash released earlier this month.

The commercial brokerage firm said 10 percent of all office tenants in downtown Fort Worth are energy tenants, which includes natural gas companies and oil exploration tenants. It’s the highest percentage in Dallas-Fort Worth. In Dallas’ central business district, 2.3 percent of all office tenants are energy-related, the report said.

The energy industry accounts for 0.9 percent of Dallas-Fort Worth’s employment, and energy tenants represent 2.2 percent of the total occupied office space, CBRE said.

The next highest concentration of energy tenants is in the LBJ Freeway submarket, but it’s at a distant second at 4.4 percent, CBRE said. The lowest percentage of the tenants is in the Mid-Cities market at 0.9 percent.

BY SANDRA BAKERSABAKER@STAR-TELEGRAM.COM