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.
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.
JLL reports that estimated development costs for the 10 largest transportation infrastructure projects now exceeds $35 billion.
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