Thank you for sharing!

Your article was successfully shared with the contacts you provided.

FORT WORTH-In an off-market sale-leaseback, Big Brothers Big Sisters of North Texas has sold a 6,405-sf office building in Downtown Fort Worth to Trust Management Inc., which had been scouring the market about 18 months for a new headquarters location.

Trust Management, vacating Carter Burgess Plaza at 777 Main St., got ready-to-go, class C space in a class A location at 901 Summit Ave., says Dusty Renfro with NAI Stoneleigh Huff Brous McDowell of Fort Worth. He tells GlobeSt.com that he “knocked on a lot of doors” in the downtown area before finding the right building in the right spot for the 51-year-old Trust Management. The cold call produced a sale with a one-year leaseback for half of a building in sync with the buyer’s lease expiration. The recently sold building is assessed at $234,762 by Tarrant County. According to Renfro, the nonprofit organization is polishing a plan to relocate and consolidate in nearby Arlington.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.