Feds Look To Sell Off 894K SF Fort Worth Federal Center
While no stranger to moving quickly, the Fort Worth regional office for the Federal Emergency Management Agency could soon be looking for a new home.
The Fort Worth Federal Center at 501 W. Felix St. has been listed by the U.S. General Services Administration as available for “accelerated disposal.” The nearly 894K SF building is among a list of properties the federal government’s real estate arm is looking to move in order to save money, the Dallas Business Journal reported.
Located near the Fort Worth Police Department training facility and the Bob Bolen Public Safety Complex, the building houses offices related to the U.S. Geological Service, the U.S. Department of Agriculture and the U.S. Fish and Wildlife Service in addition to the local branch of FEMA and warehouse space.
The Fort Worth Federal Center was previously the longtime home of the National Archives before it left the building in 2011.
The property was one of three federal assets listed by the GSA last week. The other two are in California and Indiana. Including the Fort Worth building, they total more than 2M SF of rentable area.
In early March, the GSA identified 443 properties across the country for disposal but quickly removed the list after receiving an “overwhelming amount of interest.” Fort Worth’s more than 669K SF Fritz G. Lanham Federal Building at 819 Taylor St. was among the Dallas-Fort Worth assets included in the initial list.
The Fort Worth Federal Center is part of a fifth wave of properties listed by the GSA since then, and it is the largest Texas asset currently identified for accelerated disposition. The page invites interested parties to submit nonbinding term sheets to a GSA email address and says the agency will “post additional assets regularly.”
“This initiative aims to engage the market, attract interested parties, and inform strategies that will expedite the disposition of federal assets, consistent with all applicable laws,” a GSA spokesperson told Bisnow in a statement last month.
If the building is sold, it could be leased back to the federal agencies so they don’t have to relocate, according to the DBJ.
The Metroplex is home to more than 2.7M SF of federal offices leased at more than 85 properties. The Department of Government Efficiency has eliminated more than 44K SF of leases in DFW over the past few months.
While DOGE has canceled hundreds of government office leases across the country as part of the Trump administration's efforts to optimize the federal footprint, the Department of Justice just signed a 403K SF lease renewal in Washington, D.C.
That renewal represents a 30% reduction from the DOJ’s current lease and appears to be the largest lease the federal government has signed nationally since the start of President Donald Trump's second term.
