Retail Boom in Metroplex

March 1, 2005

This is a good time for retail in the Metroplex. Currently, there is 153 square feet of retail in the DFW area with an average of 90.5% occupancy - this is second best occupancy rate in 15 years. With 38 submarkets in the DFW area, 21 show an occupancy rate of more than 90%.

In Dallas submarkets, occupancy rates are as:

  • Frisco/McKinney — 98.3%
  • Cedar Hill - 98.2%
  • Rockwall - 97.5
  • Park Cities - 96%

2005 will continue to be strong in retail.

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