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Landlords seeing green: occupancy, asking rents close year at decade highLandlords seeing green: occupancy, asking rents close year at decade highhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=155372017-01-09T06:00:00Z2017-01-10T23:00:00Z

​​​​​DALLAS​ – CBRE's​​ latest retail market data are available.

 
Here are the highlights of the 4Q 2016 research.

  • Solid net absorption combined with modest deliveries in Dallas-Fort Worth’s tight retail market is the recipe for decade-high occupancy.

  • ​Market expansion carries on as area retailers are attracted to, and benefit from, DFW economic fundamentals.​​​

    Development has seen a new milestone come and go as construction totals 16 million sf in the past five years.​

  • Growth remains concentrated in the north and west of Dallas proper.

    For example, in the Mid-Cities, Glade Parks Town Center adds an estimated 800,000 sf of retail space.

  • Big box net absorption increased this quarter as higher valued locations were taken off market by various grocer and discount soft goods retailers. 

  • In a disciplined portfolio move, H-E-B has acquired, and is expected to backfill, various former Sun Fresh Market locations throughout North Texas with their Central Market brand. Food fight! North Texas grocery market share competition heats up.​​
CBRE
Dallas-Fort Worth-Arlington
Retail
https://assets.recenter.tamu.edu/Documents/MktResearch/DFW_CBRE_Retail_MarketView.pdf

​See DFW Retail Market Research​ for more data from other sources.​

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