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.
Houston's retail vacancy rate is slightly above the national average, but discount stores, fitness centers and experiential retail are keeping occupancy up.
Delivery of new space has slowed to a drip as developers reckon with sky-high construction costs and continued interest rate hikes.
The new investment platform will target small-format centers that focus solely on food and services rather than goods.
Four cities — Celina, Anna, Princeton and Prosper — are expected to reap the retail rewards of Collin County's prolific growth over the next decade.
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.
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,
Houston retail ended 2025 with 95.2% occupancy as limited new supply kept demand in lockstep, according to Weitzman.
Walmart has three Supercenter stores on the way in Frisco, Melissa and Celina – two of which also have H-E-B stores.
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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