Austin Retail Market Stays Hot As Landlords Race To Refill Big-Box Stores

Austin’s retail scene is not acting like a market that is slowing down. In 2025, landlords inked roughly 3.4 million square feet of new retail leases, keeping big-box space busy even as some national chains trimmed their local footprints.

Leasing Held Steady Despite Closures

CoStar reports that the metro logged about 3.4 million square feet of retail leases last year, roughly in line with Austin’s long-term average. That tally came “despite a rise in closures,” a reminder that backfilling and fresh tenant demand kept overall deal volume from slipping.

High Occupancy And Targeted New Deliveries

Local researchers say Austin wrapped the year with some of the tightest occupancy levels in Texas while developers pushed ahead with…..

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