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Tightening Retail Market Fills Space Just Like That

Perhaps the cream of the DFW retail crop is Highland Park Village, home to more than 250,000 square feet of designer stores and restaurants in upscale Highland Park, prompting a long-term refinance by its owners.

By Lisa Brown | lisabrown | Updated on August 30, 2017

Highland Park Village Perhaps the cream of the DFW retail crop is Highland Park Village.

DALLAS—Within Dallas/Fort Worth’s tightening retail market, strong net absorption and deliveries pushed occupancy rates to new highs, reaching 94.6%, according to CBRE‘s second quarter 2017 retail market report. The prevalence of steadying rent and long-term lease signings ensure retail space will remain filled and availability taken off the market quickly, GlobeSt.com learns. It also ensures continuing high investor and capital markets interest in the area.

Perhaps the cream of the DFW retail crop is Highland Park Village, home to more than 250,000 square feet of designer stores and restaurants in the historic Highland Park neighborhood. The center comprises seven buildings separated by pedestrian walkways and one-way drives with storefront parking along with valet service.

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