Retail appetites from consumers and developers have CB RichardEllis Inc.'s Dallas office again putting out a retail report, thefirst one in several years. Likewise, the North Texas CommercialAssociation of Realtors has teamed with International Council ofShopping Centers for its first retail summit and bus tour of thenorthern tier where much of the space is coming on line.

The Dallas/Fort Worth market has 192.1 million sf in 3,280shopping centers. Occupancy is 91.4%, according to CBRE'ssecond-quarter analysis.

The overall market outlook is sunny, but the currentconstruction pace, though significantly pre-leased, needs to beclosely watched, says Bob Ginsburg, a CBRE vice president inDallas. "It's something to watch because it's such a big block ofspace," he tells GlobeSt.com about the 5.9-million-sf pipeline,"plus we have some retailers who are leaving. If we look up andnext year there's another five million sf, we could be in trouble."Still, CBRE numbers show less than 5% of the pipeline is risingwith 20% or less pre-leased, with Ginsburg giving credit where it'sdue ... to the lenders.

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