Sears And Toys R Us Emptying 1M SF In DFW, But New Anchors Push To Near-Record Q2 Retail Occupancy
July 5, 2018

Sears And Toys R Us Emptying 1M SF In DFW, But New Anchors Push To Near-Record Q2 Retail Occupancy

While the U.S. had its worst quarter of retail absorption since the recession, Dallas came close to setting a new occupancy record.

Retail occupancy edged up in Q2 to 92.5%, the second-highest rate in 30 years, just behind the 92.7% occupancy at year-end 2016. That number is a little surprising considering the 1M SF of vacancy hitting the market from Sears and Toys R…

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KBS (Parkwood 2018) DFW 13315
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3 Impacts All This New Office Supply Is Having On Fundamentals

DFW loves new. Younger Partners Research Director Steve Triolet delved into the impact of Dallas' huge office pipeline on the market and found that deliveries — 20.1M SF of Class-A and 3.8M SF of Class-B office has come online since 2013 —…

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CREW (NETWORK CONVENTION) FILLER
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IPA Picks Up DFW Portfolio Of 2,000+ Apartment Units

Institutional Property Advisors has picked up Quality Estates' Dallas-Fort Worth portfolio of eight value-add apartment properties scattered across the Metroplex in Garland, Grand Prairie, Fort Worth and Dallas. The acquisition comes as Dallas multifamily rent growth is cooling. The eight…

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CohnReznick (Momentum 2018) FILLER
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Report: U.S. Retail Absorption Suffers Worst Quarter Since Recession

The U.S. retail real estate sector took it on the chin during the second quarter.

Net absorption hit negative 3.8M SF nationwide for the quarter, the worst quarterly total in nine years, according to Reis Inc. As recently as Q4 2017, Reis data put net absorption at a positive 3.6M SF, and in Q1 2018, the total was a positive 896K SF.

"The negative net absorption figure was especially significant," Reis Senior Economist Barbara Denham said. "Developers and investors will hesitate to make any new decisions to build, expand or invest in retail space, which is a healthy reaction to an over-retailed market."

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Why Companies Should Invest In Artwork In The Workplace

Installing artwork at work creates much more than just an aesthetically pleasing environment. Several studies have found that it can help boost employee productivity, creativity and interaction.

“The impact of art in the workplace is underestimated,” Contract Furnishings Inc. President Christopher Leach said. “The benefits are tangible. Color can elevate mood, and art can provide talking points. It creates opportunities for story sharing and employee and client engagement.”

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