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Long term, the metro's reliance on the expansion of Amazon will be evident as much of the supply underway is dependent on the company's growth, and a glut of supply will be recorded in 2018 and 2019.
The private placement is expected to close in mid December 2018 in conjunction with the closing of a previously announced portfolio acquisition in Jacksonville, FL.
Redevelopments are providing retail boosts for DFW such as the completion of Trinity Plaza, followed by a planned renovation for Trinity Valley, a Carrollton retail landmark with a newly opened WinCo Foods.