March 2014 - Don Quick & Associates

Don Quick and Associates Brokers $4.1 Million Land Sale for New FedEx Facility in Pflugerville

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DON QUICK AND ASSOCIATES BROKERS $4.1 MILLION LAND SALE FOR NEW FEDEX FACILITY IN PFLUGERVILLE

Broker Charles Harvey secures international buyer for 33-acre tract at 130 Commerce Center.

 

ROUND ROCK, Texas—Commercial real estate firm Don Quick and Associates, Inc., today announced that Charles Harvey, a vice president with the firm, brokered a $4.1 million land sale representing the seller, the Pflugerville Community Development Corporation (PCDC.) The 33-acre tract is located within 130 Commerce Center, a mixed-use development under construction at the southwest corner of SH 130 and Pecan Street in Pflugerville.

Scannell Properties, which develops and owns FedEx locations all over the U.S., closed March 4 on the land purchase from the PCDC. Scannell will oversee construction of a 250,000-square-foot facility on the property, then will lease the entire building to FedEx Ground.

Harvey marketed this tract of land to Scannell and FedEx, showcasing the immediate access to SH 130 in one of the only communities with utilities in place along the tollroad.

“Scannell was looking for a large enough tract of land for FedEx Ground to expand and construct a new facility, and immediate highway access to ensure prompt shipment deliveries was key,” Harvey said. “The PCDC was targeting a user that needed a strategic location with highway access, and one that would be complementary to the other businesses located at 130 Commerce Center. FedEx turned out to be the perfect fit.”

The FedEx tract was the last remaining industrial land within the first phase of 130 Commerce Center.  We continue to market the 130 Commerce Center as a regional development, in what’s been proven as a strategic location, with three additional phases at the intersection of SH 130 and Pecan.  The subsequent phases range in size from 70 to 400 acres.

Though the PCDC sold the land at a discount as part of an economic development initiative, the 4B corporation cleared a net profit of $2 million on the sale of the land.

The relocation to 130 Commerce Center, expansion and consolidation of offices will make the new Pflugerville location the largest FedEx Ground facility in Central Texas.

The 33.424-acre tract of land was sold for $4,096,250.

Press contact:
Amy Stansbury
March 7, 2014
Stansbury Public Relations
512-968-4511
amy@stansburypr.com

Don Quick and Associates Expands Staff, Office Building in Round Rock

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DON QUICK AND ASSOCIATES EXPANDS STAFF,
OFFICE BUILDING IN ROUND ROCK

Forty-four-year-old company adds on to its historic office building to accommodate growth,
expands real estate brokerage services to include Class A office.

ROUND ROCK, Texas—Commercial real estate firm Don Quick and Associates, Inc., today
announced the company is expanding with additional staff and approximately twice as much
office space to accommodate the company’s growth and success providing Central Texas
with office, retail, industrial, land and multi-family commercial real estate services. Construction
is expected to begin next month and be complete in the fall on a 2,300-square-foot, single-story
office expansion at the company’s longtime location in an historic, 160-year-old building at 1000
N. IH 35 in Round Rock.

To support the growth of the business and add significant experience in Class A office and large
industrial sales and leasing, the company added five new members to its team during the past
year, including three commercial real estate agents, a marketing professional and an
administrator. The company has a staff of 14, including brokers, agents and administrative staff,
three of which are D. Quick Commercial Management, Inc., employees who work out of the
same offices.

Don Quick and Associates experienced record leasing revenue last year.

“During the past four decades, we have developed our reputation and industry relationships
serving the Central Texas commercial real estate market with solid execution and the best
customer service,” said Don Quick, founder of Don Quick and Associates. “Our continued
growth is a testament to the well-rounded team we have built. Our agents and brokers have a
wide range of commercial real estate expertise in Austin, Round Rock, Pflugerville, Leander,
Cedar Park, Hutto, Taylor and Georgetown.”

Don Quick and Associates works with owners and rental tenants on commercial projects of all
sizes in office, retail, industrial, land and multi-family commercial real estate.

Commercial real estate agent Robert Shore joined Don Quick and Associates as vice president
last year. He comes to Don Quick and Associates from Austin-based AQUILA Commercial and
brings substantial industry contacts and experience in Class A office space—a growing segment
for Don Quick and Associates.

Shore is a principle contact at Don Quick and Associates for large industrial and Class A office
projects.

“I saw the significant growth and commercial real estate opportunity that lies in North Austin
and the Central Texas suburbs, and no one serves that market better than Don Quick and
Associates,” Shore said. “I joined the team because I support the company’s philosophy of
becoming entrenched in the markets and working hard for clients. It was a perfect fit for me and
for the company.”

Soon, Don Quick and Associates plans to announce the first Class A office space available in
Round Rock.

Commercial real estate agents Anya DeNio and Michael Sanchez, marketing professional
Meredith Case and administrative assistant Kay Benson also joined Don Quick and Associates in
the past year.

Don Quick and Associates has operated since 2000 out of an historic building (previously a
home and later, the Inn at Brushy Creek) located off Chisholm Trail Road. Based on historical
records, the building is estimated to have been constructed in 1862.

The office building extension, which was approved in August by the City of Round Rock
Historic Preservation Commission, will be connected to the south side of the existing building.
Architect George Lewis designed the project, and Brad Lean with Truitt Group Commercial is
the general contractor.

About Don Quick and Associates
Don Quick founded his commercial real estate firm in Round Rock in 1970, when the
community had a population of just a few thousand. Today, the 44-year-old company is the
unrivaled leader in commercial real estate sales and leasing serving Austin, Round Rock,
Pflugerville, Leander, Cedar Park, Hutto, Leander, Taylor and Georgetown. Don Quick and
Associates works with owners and tenants on commercial projects of all sizes in office, retail,
industrial, land and multi-family commercial real estate. For more information on our company,
our agents and brokers, and our commercial property listings, visit www.donquick.com.

Press contact:
March 4, 2014 Amy Stansbury
Stansbury Public Relations
512-968-4511
amy@stansburypr.com

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