ARLINGTON, TX—The new 52,000-square-foot Pottery Barn Outlet, which is only the second location in Texas, opened recently inside the former Gander Mountain location at 459 E Interstate 20. This space has visibility and access points from Interstate 20, which is the region’s primary east-west thoroughfare.
The property is located off of Center Street and Interstate 20 in the Parks at Arlington area, directly adjacent to Arlington Highlands Shopping Center, which has more than 750,000 square feet of gross leasable area of retail space. Pottery Barn officials said Arlington’s convenient location in the center of the Dallas-Fort Worth metro was among the factors that made Arlington an ideal spot for its new outlet. The retailer will provide 35 new jobs in Arlington.
“Our Pottery Barn Outlet store in San Marcos, TX continues to be very successful and we wanted a chance to reach new customers in the Dallas area as well. Arlington is a perfect fit for us as we already have a presence in the city through our distribution center and existing Pottery Barn locations,” said Johnie Hart, director of Pottery Barn Outlets.
Gal Avneri and Karen Mitchell of The Woodmont Company secured the lease with Pottery Barn for the outlet store. Zach Ballenger of CBRE represented the tenant. CW Capital is the landlord.
“Gal and I are very excited to bring Pottery Barn Outlet to the already amazing line-up of retailers in Arlington,” Mitchell tells GlobeSt.com. “In addition, we have a second generation restaurant space available right next door that would be an added boon to the area once leased.”
Retail fundamentals remained strong in second quarter, with occupancy reaching a record high of 94.7%, according to a retail report by CBRE. Construction and absorption also had slight increases this quarter, showing signs of strength mid-year. Retail construction was up 18% this quarter with 2.66 million square feet of new retail space in development.
Another indicator of the strength of the market: DFW gained approximately 132,000 new residents from 2017 to 2018, more than any other metro area in the nation, according to new data from the US Census Bureau.