Fort Worth-headquartered Bell Textron, a leading aerospace manufacturer and Textron Inc. company, has signed a new lease in Fort Worth for the four-story building that formerly housed the American Airlines Federal Credit Union.
The long-term, 109,187-square-foot lease includes the entire Class A building on Amon Carter Boulevard. Inside, Bell plans to house its Commercial Business Center (CBC) for some 600 employees, including all commercial programs, global sales, customer support, and services. It would also support personnel in business functions, supply chain, IT, human resources, and finance.
Bell’s lease is the first major one since the campus was sold. Transwestern Real Estate Services’ Duane Henley and Nathan Durham provide leasing services, with property management led by Transwestern’s Becky Dennis.
Earlier this year, Transwestern executed the sale of the 1.39 million-square-foot office campus, which was previously the global headquarters for American Airlines, to Austin-based Capital Commercial Investments.
The announcement comes at a time when Bell has ramped up its local expansion efforts.
Bell has been increasing its presence to accommodate for growing operations throughout Dallas-Fort Worth, according to a news release. In August, a new 140,000-square-foot Manufacturing Technology Center (MTC) in Fort Worth was unveiled, which would serve as a testing ground for technologies and processes.
Bell’s relationship with North Texas dates back to 1951 when it established a footprint here. Since, its facilities have been widely known as a spot for developing new aviation technology.
In January, Bell revealed its plans to make on-demand air mobility available to everyone. Since more than 70 percent of the population are expected to live in urban areas by 2050, urban mobility will become increasingly important. Bell intends to be part of providing solutions to transportation infrastructure.
Bell’s Mobility as a Service (MaaS) vision is based on figuring out how to integrate into communities and make on-demand air mobility accessible to all. Bell aims to lead the conversation “beyond the aircraft,” offering multi-modal transportation solutions and experiences in an interconnected digital network.
Bell also revealed its newest iteration of the Bell Nexus, a full-scale vertical-takeoff-and-landing (VTOL) air taxi.
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