Fort Worth-based aerospace manufacturer Bell Textron Inc. will consolidate hundreds of workers into a building just south of DFW International Airport.
Bell Textron has leased a 109,187-square-foot office building at 4151 Amon Carter Boulevard near Airport Freeway in Fort Worth.
The four-story building formerly housed American Airlines Federal Credit Union.
Bell Textron will move 600 employees to its new Bell Commercial Business Center, which will house its commercial programs, global sales, customer support, supply chain, information technology, human resources and finance operations.
Transwestern Real Estate Services negotiated the building lease. Transwestern’s Duane Henley and Nathan Durham handled the transaction with Todd Burnette and Matt Montague with JLL.
The deal is the latest recent expansion in Fort Worth for Bell Textron. In August the company announced a new manufacturing technology center.
Bell’s planned commercial business center is located on part of American Airlines former world headquarters campus.
In August, the almost 1.4 million-square-foot, 40-acre office center was sold to Austin-based Capital Commercial Investments. The new owner plans to offer the buildings to a variety of business tenants.
Before the lease to Bell Textron, Capital Commercial Investments renovated the campus entrance lobbies and made other upgrades to the buildings which are located near a Trinity Railway Express commuter rail station.
“We are really excited to have them and we believe in their future,” Michael Brigance, Executive Vice President of Capital Commercial Investments, said in a statement. “They have been great to work with and hope they continue to grow and expand.”
American Airlines relocated all of its operations to a new campus west of State Highway 360.
“The Mid-Cities submarkets have maintained very low vacancy rates of 6.3% before American Airlines vacated the campus last year,” Transwestern Research Manager Andrew Matheny said. “A central location allows tenants to draw from a labor pool of over 1.1 million educated workers that live anywhere from the Dallas urban core to affluent Tarrant County suburbs like Grapevine and Westlake.”
Transwestern also negotiated the sale of the former American Airlines office campus. The buildings date to the 1980s.
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