DFW retail market momentum spills to 1Q 2016DFW retail market momentum spills to 1Q 2016https://www.recenter.tamu.edu/news/newstalk-texas/?Item=128032016-04-12T05:00:00Z

​​​​DALLAS-FORT WORTH - Commercial retail market momentum from 2015 spilled over into first quarter 2016 for the DFW metropolitan area.

Retail metrics are still firing on all cylinders—the three key market indicators of occupancy, absorption and the development pipeline are robust and are expected to remain this way as many retailers progress with their expansion plans.

Development has reached a new milestone as a total of over 7 million sf is now underway.

Solid absorption numbers combined with modest deliveries in DFW’s tight retail market was a recipe for the 30 basis point (bps) increase in occupancy in 1Q 2016.

In 1Q 2016, over 720,497 sf of new construction was delivered, bringing the trailing 12-month total to almost 6.6 million sf. 

Dallas-Fort Worth-Arlington
https://assets.recenter.tamu.edu/Documents/MktResearch/DFW_CBRE_Retail_MarketView.pdfClick to see the full CBRE Retail ​MarketView 1Q 2016 (PDF)​ report. Source: {Source}

 Search NewsTalk Texas