In a battle for the best retail market in Texas, Austin and Dallas can each boast of strong markets.
California's Living Spaces chose Austin for its first Texas location, a massive 500K SF furniture showroom and distribution center that opened in May in the northeast Austin suburb of Pflugerville, and St. Elmo Public Market, the city's first artisan food marketplace, is under construction in South Austin.
Up the road in Dallas, the North Texas region added more than 580K SF of new retail deliveries during the second quarter as swift population growth and a robust jobs market fueled demand for more shops and restaurants. The DFW metro added 146,000 new residents last year, more than any other metro.
So which is the best retail market?
If the battle is fought purely on four key statistical data points, we'd have to say Austin. Here is a quick glance at Austin's and Dallas' retail statistics in Q2 as provided by CBRE, along with some analysis on the…
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