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Market Report

Dallas-Fort Worth Retail Market Report

3Q 2025

Preleased Supply and Small-Box Strength Keep
Northern Retail Hubs Tight Amid Tenant Churn

Suburban growth tempers turnover. Despite major bankruptcies and elevated completions, Dallas-Fort Worth’s retail vacancy rose just 30 basis points to 5.4 percent in the first half of 2025. Collin County, Denton County and Fort Worth’s northern suburbs saw the largest increases, driven by tenant turnover and outsized new supply. Even so, strong leasing kept vacancy in these areas within 10 basis points of their past decade averages, with suburban Fort Worth near metro lows at 4.4 percent in June. Upcoming closures, such as At Home shuttering three stores, may weigh on net absorption. Still, with nearly 80 percent of planned deliveries pre-leased, fundamentals should hold steady, provided large move-outs remain limited.
 
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