Even As Construction Drops In Fort Worth, DFW Retail Leasing Packed A Mean Punch In Q1 - The Union Dallas
Apr 04, 2019 - BisNow
Even As Construction Drops In Fort Worth, DFW Retail Leasing Packed A Mean Punch In Q1

Written by Kerri Panchuk

The net absorption rate in the Dallas-Fort Worth retail sector hit 722K SF market-wide in the first quarter of 2019, data from commercial real estate firm CBRE shows. The retail occupancy rate remained strong at 94.5% across DFW, while 451K SF of new construction was delivered across the entire Metroplex in Q1. Adding to leasing activity was the 800K SF mixed-use development The Union, in Uptown Dallas, which is about to include major grocery retailer Tom Thumb and seven restaurants situated next to 309 apartments and an office tower.

Read more