Gibbs said the two leases are among the top five largest new leases signed in Texas since the start of the year. The most recent in west Fort Worth is the third largest behind two others in Houston.
The Dallas-Fort Worth area is a hub for data centers, accounting for about one-tenth of the market, second to Northern Virginia. According to analysis from commercial real estate firm Avison Young, the DFW market ranks No. 4 behind northern Virginia, Atlanta and Phoenix, and vacancy sits at 1.4%.
Meta’s data center in Fort Worth’s AllianceTexas, in the far northern portion of the city, was one of the top taxpayers in the county in 2023, contributing more than $994 million, according to the Tarrant Appraisal District.
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