Despite the so-called death of retail, which includes this year's bankruptcy of Toys R Us and Sears closing three North Texas stores for a total of 1 million square feet, DFW's retail fundamentals are strong.
“CBRE continued to experience outstanding leasing and sales momentum throughout the summer months,” says Jeff Hipschman, senior managing director, CBRE.
The industry's annual contribution to the state economy is estimated at $47.5 billion—86 percent higher than the national average, says Andrew Judd, Cushman & Wakefield's New Jersey market leader.