Retail

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.

Gosin stresses to Globest.com that all the RKF brokers the company had hoped would stay on, did in fact join the now merged Newmark RKF.

Macerich of Santa Monica, CA and Indianapolis-based Simon in a 50-50 joint venture will co-develop and jointly lease the new outlet center that is designed to open with 400,000 square feet, followed by an additional 166,000 square feet in its second phase.

“CBRE continued to experience outstanding leasing and sales momentum throughout the summer months,” says Jeff Hipschman, senior managing director, CBRE.

A mixed-use development will have the first substantial slate of affordable units to be delivered within the downtown precise plan and quadruple the number of affordable units completed under the plan to date.

Situated at the intersection of Broadway Avenue and the TX-Loop 49 toll road, the Village at Cumberland Park is positioned in the middle of the East Texas trade area, surrounded by the growing Tyler market.

Brinker International has completed sale leaseback transactions for 137 restaurants for $443.1 million.

Commercial construction may have reported a decrease in the DFW area, but there is only continued growth in the multifamily sector, specifically in the larger sized projects.