The Dallas-Fort Worth retail market is made up of nearly 50,000 retail locations totaling about 275 million square feet of space. More than a quarter of that—27 percent—is occupied by restaurants and bars, according to statistics released by CBRE.
Restaurant tenants considering new locations are faced with the challenge of constrained supply, CBRE finds, leaving some to reevaluate or modify concepts as a result of these limited options.
The squeeze also is affecting personal service retailers, which makes up about one-fifth of all North Texas retail space. Here’s a complete breakdown of retail uses (click on image for larger view):