Historic property near downtown Fort Worth goes on the market
JLL selected to market and sell The Katy Depot.
FORT WORTH, February 6, 2019 – A recent increase of transaction activity and investor interest in historic properties in and around downtown Fort Worth has prompted the sale of the historic Katy Depot, located at 321 E Broadway Avenue in Fort Worth. JLL announced today that the firm has been selected to market and sell the 23,418-square-foot, mixed-use asset.
JLL Executive Vice President Ryan Matthews and Vice President Joel St. John are leading the sales effort on behalf of ownership.
“North Texas is in in the middle of unprecedented growth and Fort Worth has seen its share of investor interest with some of the more well-known and prominent assets changing hands,” said Matthews. “Katy Depot provides a unique historic offering near one of the most vibrant areas of our city; an exceptional opportunity for the right developer or owner occupier looking for creative space.”
The Katy Depot was first designed and constructed as a freight depot in 1909 for the MKT Railroad out of Junction City, Kansas. It is located 2 blocks from the new South Main Corridor and directly across the street from the Bowery at Southside, which is under construction and set for delivery in Spring of 2019. Nearby employers are UT Southwestern, Cook Children’s Healthcare System, Texas Health Resources, Medical City Healthcare and the Williamson-Dickie Headquarters.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with operations in over 80 countries and a global workforce of 88,000 as of September 30, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com