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WinCo Foods New anchor WinCo Foods opened this year, which replaced a vacant Target in Carrollton.

DALLAS—The DFW retail market as of mid-year 2018 has been able to maintain steady occupancy in the face of major store closings because the closures are being largely offset by pre-leased new construction and the backfilling of large vacancies. At mid-year, the occupancy rate was 92.5%, a slight increase from year-end 2017’s 92.4% occupancy, according to a recent report by Weitzman.

The occupancy rate is one of the market’s highest in more than three decades, second only to the 92.7% occupancy DFW reported at year-end 2016. The mid-year 2018 occupancy rate is based on Weitzman’s review of a total DFW retail market inventory of 198.1 million square feet in projects with 25,000 square feet or more, the largest retail inventory in any Texas metro area.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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