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Houston's retail market remains healthy in the face of a potentially looming recession with high occupancy, low rates of new construction, and growing concepts.
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Houston's retail vacancy rate is slightly above the national average, but discount stores, fitness centers and experiential retail are keeping occupancy up.
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Delivery of new space has slowed to a drip as developers reckon with sky-high construction costs and continued interest rate hikes.
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The new investment platform will target small-format centers that focus solely on food and services rather than goods.
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Four cities — Celina, Anna, Princeton and Prosper — are expected to reap the retail rewards of Collin County's prolific growth over the next decade.
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Company officials did not disclose the size of the planned Dallas store, but H-E-B was responsible for two of DFW's five biggest retail leases of 2024.
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An indoor theme park, a Netflix immersive experience and a pair of H-E-B grocery stores make up the majority of the seven biggest retail deals of the year,
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Houston retail ended 2025 with 95.2% occupancy as limited new supply kept demand in lockstep, according to Weitzman.
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Walmart has three Supercenter stores on the way in Frisco, Melissa and Celina – two of which also have H-E-B stores.
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Grocery anchors have emerged as the top choice for new retail developments, and they have also worked their magic on mixed-use projects.
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