July 2020 - Don Quick & Associates

Local Commercial Real Estate Company Continues Towards Their Goal of Charitable Service During this Time of Uncertainty

By | Don Quick News | No Comments
This article originally ran on kdhnews.com

ROUND ROCK, TexasJuly 27, 2020 /PRNewswire/ — Late last year, Don Quick & Associates, Inc. – the largest commercial real estate company in Williamson County – launched a philanthropic campaign to serve 50 charitable organizations in celebration of their 50 year anniversary in 2020. Although the original vision of carrying out these charitable services has been dramatically altered due to the uncertainty created by the COVID-19 outbreak, it also presents opportunities for the company to focus efforts on assisting those affected most by the pandemic. Don Quick & Associates, Inc. is now more than ever determined to achieve its goal of giving back to the community. “We believe the best way to celebrate 50 years in Central Texas is by giving back to the people who empower our community every day. These charitable organizations are the heart and soul of this area, and we want to show our appreciation,” says Darren Quick, President of Don Quick & Associates, Inc. 

As we transition into the second half of 2020, the company has just announced that they have surpassed the halfway mark of their campaign, having volunteered with a wide variety of local organizations. A few of the most notable efforts include a $10,000 donation to RRISD, multiple environmental cleanup projects including participating in Austin Parks Foundation’s It’s My Park Day, and the formation of a scholarship fund that awarded its first 4 scholarships to local graduating high school seniors this past April. 

The second half of this campaign will no doubt prove to be more difficult to carry out compared to the first half because of the hurdles presented by COVID-19 limitations and the general lack of group volunteer opportunities currently available in the community.

The agents and staff members of Don Quick plan to lean into the moment and are inviting the community to safely get involved for the remainder of this celebration. They are asking for community members to nominate their favorite charities to be included in the campaign. The company wants to hear from those affected by COVID-19 so they can work together to provide help in any way possible.

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Booming E-commerce Sales Drive Demand for Industrial Facilities

By | Industry News | No Comments

Patricia Kirk | Jul 16, 2020 | National Real Estate Investor


Acceleration of online shopping during the COVID-19 lockdown has made companies more risk-averse in their inventory management strategies. Concerns about running low on ordered merchandise is causing a shift from “just in time” to “just in case” logistics strategies. Now, firms are increasing stock at facilities near customers to ensure timely shipping in case customers order more than anticipated.

While this new logistics approach is still in its infancy, Greg Healy, senior vice president, supply chain solutions & workforce analytics, with real estate services firm Colliers International, says “It’s impact on industrial real estate is nothing but positive.”

The increase in online shopping was happening prior to the quarantine, but the pandemic accelerated it, Healy says., For example, in 2018, 29 percent of Nordstrom sales were online, he notes, which is equivalent to sales at 146 stores, and six percent of Target’s sales were online, which is equivalent to sales at 122 stores.

“The shift to ‘just-in-case’ stock is driving industrial demand throughout the supply chain, not just last-mile,” –Steve Medwin

Phoenix-based James Breeze, senior director and global head of industrial and logistic research with CBRE, agrees. “While last-mile facilities are performing well, the bulk sector—buildings of 100,000 sq. ft. or larger—is performing the best, as many companies are looking to solidify their regional distribution capabilities and store additional products.”

The continued increase in demand is due to growth in online sales during the pandemic, Breeze adds. “Companies feel that many of these consumers will continue to buy goods online, and this will elevate e-commerce sales faster over the next few years—faster than was previously estimated. Much of the (current) demand for space is to prepare for this increase.”

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