Westlake/Grapevine Commercial Real Estate Market
Westlake/Grapevine is a prototypical suburban office submarket. While most new supply this cycle has involved smaller buildings, large build-to-suits are having the biggest impact on the submarket. TD Ameritrade opened a new facility in Southlake in 17Q4, and the first phase of Charles Schwab's regional headquarters was completed in May 2019. The Schwab deal, in particular, will add thousands of jobs when fully staffed and account for more than 1 million SF of office space at full build-out. Along with those build-to-suits, projects like the Trophy Club Town Center and Circle T Ranch (which includes the Schwab campus) will have additional office components along with retail space.
Property types are as follows:
Office 833 Buildings/13.1 MSF
Warehouse 175 Buildings/5.8 MSF
Medical 61 Buildings/1.3 MSF
If you would like building specific information fill in our Free Westlake/Grapevine Commercial Space Report and submit it to us. We will respond quickly with valuable building information that you can use to locate your commercial space.
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