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Dfw Retail Centers COMMERCIAL REAL ESTATE RETAIL CLUSTERS DFW RETAIL CENTERS DFW’s retail space continues to enjoy high OPPORTUNITIES AT EVERY INTERSECTION occupancy and absorption well above 1 7 million square feet, according to CBRE. In LARGEST RETAIL CENTERS 2017, three major developments — Tanger 24 Factory Outlets (Fort Worth), Legacy Food 1 ALLIANCE TOWN CENTER 23 Hall (Plano) and IKEA (Grand Prairie) — 2 ARLINGTON HIGHLANDS NORTH 19 celebrated grand openings, accounting 3 3 CENTRE AT PRESTON RIDGE CENTRAL DALLAS FAR NORTH DALLAS for 702,000 square feet of delivery and 8 absorption throughout the region. At 4 COLLIN CREEK MALL | the end of 2017, CBRE reported that 5.8 FIREWHEEL TOWN CENTER 5 22 million square feet of retail space was 6 GALLERIA 4 CLUSTERSRETAIL under construction in DFW, with much of 27 the activity taking place in the Far North 7 GOLDEN TRIANGLE MALL 9 Dallas, North Central Dallas, and Mid-Cities 8 GRANDSCAPE 5 WEST DALLAS submarkets. 9 GRAPEVINE MILLS MALL 17 6 10 HULEN MALL SUBURBAN 1 NEAR NORTH DALLAS IRVING MALL FORT WORTH LIVE, WORK AND PLAY 11 21 12 LA GRAN PLAZA EAST The development of higher density, 11 13 NORTHEAST MALL 13 DALLAS OUTLYING mixed-use centers off ers unique 25 14 NORTHPARK CENTER opportunities to both businesses and MID-CITIES 14 residents of the Dallas–Fort Worth region. 15 PLAZA CENTER CENTRAL Examples include: 16 RIDGMAR MALL DALLAS 28 15 16 Addison Circle – Addison 17 SOUTHLAKE TOWN SQUARE CENTRAL SOUTHWEST Bishop Arts – Dallas 18 SOUTHWEST CENTER MALL FORT WORTH DALLAS CityLine – Richardson 12 20 19 STONEBRIAR CENTRE 10 2 Cypress Waters – Dallas 18 20 THE PARKS AT ARLINGTON SOUTHEAST DALLAS Eastside – Richardson 21 THE SHOPS AT PARK LANE Frisco Station – Frisco 22 THE SHOPS AT WILLOW BEND 26 Frisco Town Square – Frisco Granite Park – Plano 23 THE VILLAGES AT ALLEN Highland Park Village – Highland Park 24 THE VILLAGES AT FAIRVIEW Legacy Town Center – Plano 25 TOWN EAST MALL McKinney Urban Village – McKinney 26 UPTOWN VILLAGE AT CEDAR HILL MAJOR RETAIL CENTERS Magnolia Street – Fort Worth 27 VISTA RIDGE MALL Midtowne – Midlothian 28 WEST 7TH - FORT WORTH Mockingbird Station – Dallas Montgomery Place – Fort Worth Museum Place – Fort Worth NATIONAL RETAIL FEDERATION TOP RETAILERS IN DFW MARKET VIEW Park Lane Place – Dallas NET RENTABLE AREA SF VACANT SF TOTAL OCCUPANCY RATE AVERAGE LEASE RATES Parker Square – Flower Mound RANK COMPANY HEADQUARTERS 2015 US RETAIL SALES Rockwall Commons – Rockwall CENTRAL DALLAS 13,943,581 367,057 97.4% $22.07 31 7-Eleven Irving $14,323,000 Southlake Town Square – Southlake EAST DALLAS OUTLYING 3,863,835 92,030 97.6% $20.56 Southside on Lamar – Dallas 34 AT&T Wireless Dallas $13,435,000 FAR NORTH DALLAS 54,700,543 3,617,770 93.4% $15.88 Sundance Square – Fort Worth NEAR NORTH DALLAS 21,528,943 956,915 95.6% $18.17 37 J.C. Penney Plano $12,471,000 Victory Park – Dallas NORTH CENTRAL DALLAS 34,757,484 1,756,457 94.9% $20.80 Waters Creek at Montgomery 56 Army Air Force Exchange Dallas $8,076,000 SOUTHEAST DALLAS 13,593,165 798,980 94.1% $11.22 – Allen Farm 17,675,225 1,383,326 92.2% $12.03 73 GameStop Grapevine $5,518,000 SOUTHWEST DALLAS West Village – Dallas WEST DALLAS 30,968,333 1,396,069 95.5% $13.53 In addition, historic downtowns are being Neiman Marcus Dallas $4,771,000 86 24,796,196 1,417,140 94.4% $12.40 redeveloped into attractive regional CENTRAL FORT WORTH destinations, including downtowns in 87 Michaels Stores Irving $4,736,000 MID-CITIES 52,635,431 2,620,836 95.0% $16.12 Plano, McKinney, Denton, Carrollton and SUBURBAN FORT WORTH 24,575,112 1,315,235 94.6% $13.43 Grapevine. 92 Exxon Mobil Corp. Irving $4,518,000 MARKET TOTALS 293,037,848 15,721,815 94.6% $15.83 140 DALLAS ECONOMIC DEVELOPMENT GUIDE SOURCE: 2016 Top 100 Retailers, National Retail Federation 2018 2018 SOURCE: CBRE Retail Real Estate Market Report, Q4 2017 DALLAS ECONOMIC DEVELOPMENT GUIDE 141.
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