Dallas‘ retail market is stronger now than it was several years ago when e-commerce wasn’t such a force and part of the reason for its success could be the way it has embraced experiential retail concepts, according to retail experts.
Dallas-Fort Worth’s retail market at midyear 2018 had an occupancy rate of 92.5%, one of its highest rates over the past three decades, despite several major store closings this year, Weitzman reports.
Sears and Toys R Us shuttered DFW locations, resulting in vacancies of more than 1M SF, but a portion of that vacant retail space is being backfilled by experiential retailers.
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