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The DFW retail outlook for the remainder of 2020 calls for a decrease in occupancy, which should be mitigated in part due to extremely conservative new construction, but the market continues to generate the type of population and residential growth that boosts retail.
Restaurants were able to weather COVID-19 lockdowns and occupancy requirements by shifting to off-premises services. But recent coronavirus surges and mandate rollbacks have left the industry in an uneasy waiting period.
"How quickly public health improves and if it can be sustained remain the biggest unanswered questions for determining the pace of economic and retail recovery," Cushman & Wakefield says.