Compass Expands Fort Worth Office After Recruiting Spree

Fort Worth is where the West begins, and Compass is making use of the wide-open spaces.

The real estate titan signed a new lease at the Shops at Clearfork that expands its Fort Worth office to more than 10,000 square feet, according to a press release. The expansion follows a recruitment blitz that lured several teams in the last few months, as the Fort Worth area experiences sustained population growth.

“It’s always been our plan to expand in Fort Worth when it made sense, when the need was there,” said Bryan Pacholski, Compass’ managing director for Dallas/Fort Worth. “With continued growth in Fort Worth like we’ve had, the need has certainly arisen.”

Within the past six months, Compass poached the Dewald Lipari Real Estate Group from Fort Worth independent brokerage League Real Estate; The Urban Group from Williams Trew, an Ebby Halliday subsidiary; and Wendy Tockey and Ana Lopez from Douglas Elliman, Pacholski said.

Compass sold $844 million in homes in Fort Worth last year, according to the brokerage.

Fort Worth’s luxury residential market benefits from the steady influx of businesses to the Metroplex, albeit to a lesser degree than Dallas, Pacholski said. While Park Cities mansions are unlikely to slip off the state’s ultra-luxury throne anytime soon, luxury estates and equestrian farms generate demand as well. The company’s top sale in the Fort Worth area last year was a $13 million ranch, Pacholski said. Southlake in Tarrant County also includes one of the wealthiest neighborhoods in the state.

“You have Toyota executives that live in Fort Worth. You have Goldman Sachs people that have moved. You’ve got Bell. You’ve got Lockheed Martin,” Pacholski said.

The Shops at Clearfork is a mixed-use district west of the city, near suburban Benbrook. The amenity-rich offices have attracted companies as big as Wells Fargo in a flight-to-quality trend away from aging downtown buildings.

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