DFW Retail Stays Measured by Leasing Existing Centers

Fitness Connection has leased 55,606 square feet of retail space in Golden Triangle Mall.

DENTON, TX—DFW’s retail market stability and healthy occupancy improved in part due to strong leasing in existing retail centers, which includes the absorption of large vacancies left in 2018 by Toys “R” Us, and limited new retail construction that is firmly in line with demand, according to a mid-year report by Weitzman. As an example of the former, one of the newest health club chains, Fitness Connection, has leased 55,606 square feet of retail space in Golden Triangle Mall for its first location in Denton. The mall at the northeast corner of Interstate 35E and Loop 288 has been extensively redeveloped by GTM Development Ltd., a limited partnership.

Golden Triangle Mall is Denton’s only mall and features a line-up that includes anchors Macy’s, JCPenney, Dillard’s, Barnes & Noble, H&M and Ross Stores. Food concepts driving traffic to the mall include Taco Cabana, Italia Express, Auntie Anne’s, Le Macaron, El Fenix, Great American Cookies and Corner Bakery Cafe. The mall also features numerous in-line retailers, including popular mall retailers Hibbett Sports, Hot Topic, Buckle, Finish Line, Torrid, Francesca’s, Zumiez, American Eagle Outfitters, Aeropostale, Bath & Body Works and Victoria’s Secret.