Page 113 - CityofSouthlakeFY26AdoptedBudget
P. 113
Retail Occupancy Rate
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Warning Trend: Decreasing occupancy rates
If the economy is sluggish or declining, demand for residential, commercial, and industrial property
may drop and occupancy rates may decline. Tracking changes in occupancy rates can provide an early
warning of potential economic or demographic problems.
Calendar Year Retail Occupancy Rate - Southlake Retail Occupancy Rate - DFW Market
2015 94.9% 93.9%
2016 93.9% 95.2%
2017 92.4% 95.4%
2018 93.6% 95.5%
2019 93.9% 95.3%
2020 93.6% 94.4%
2021 93.2% 94.2%
2022 95.5% 95.2%
2023 96.3% 95.6%
2024 97.2% 95.6%
2025 (Through Q2) 97.8% 95.2%
FY 2026 City of Southlake | Budget Book 113
