(For more retail coverage, click GlobeSt.com/RETAIL.)
DALLAS-After delivering more than 5.7 million sf of retail spacein 2006, the Dallas/Fort Worth region is still practically 90%occupied in its 163-million-sf inventory. Credit goes to NorthTexans' penchant to spend and continued growth of "retaildistricts."
Local market watchers know all too well about the hotspots thatare sprouting up in all directions of the metroplex. But, thebuild-out capacity is a hard-hitting fact. In his 17th annualretail forecast for the industry, Herbert D. Weitzman, chairman andCEO of locally based Weitzman Group and Cencor Realty Services,laid it out: 2.2 million sf at Cedar Hill; two million sf in theFlower Mound-Highland Village corridor; 2.5 million sf in Garland;three million sf in Southlake; and millions more in North FortWorth.
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