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Comras, who has more than 20 years as a retail broker and specializes in urban and suburban markets, shared his insight on how an attractive retail mix can transform a neighborhood's appeal.
“It's great to go full circle,” says Randy Sullivan, principal of environmental consulting firm Golder, which is moving back to the Chamblee neighborhood where it got its start.
DFW remains high on investors' radars and an opportunistic retail product with a desirable size and scale resulted in a high level of investor interest including the out-of-state buyer of the Vista Ridge assets.
While the grocery industry is undergoing changes in tenant mix, technology, and customer trends, the acquisition of Whole Foods by Amazon did not have a noticeable effect on grocery sector.
When fully developed, the 60-acre mixed-use development, CityPlace, will include 4 million square feet of class-A office space with 400,000 square feet of retail space, a Marriott and additional multifamily.
The survey, which gauges year-to-date store performance and checks in on the latest technology trends, generated the strongest numbers in its seven-year history.