Don Quick News Archives - Don Quick & Associates

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

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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.

Click here to continue reading on kdhnews.com

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COVID-19 Quick Resource – General

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View Resources for Small Businesses

General Assistance and Resources

The Don Quick & Associates, Inc. team understands that you and your family are likely experiencing disruptions resulting from the current COVID-19 outbreak. Our mission here at Don Quick & Associates, Inc. has been and always will be to serve our clients as best as we can, and that is not limited to serving in the realm of commercial real estate. As one method of assistance, we have compiled a collection of helpful links and resources that we believe may be useful to you. We hope this helps and it is a privilege to continue to serve our local community the best we can.


How to avoid extra COVID-19 testing charges


Mortgages

It is encouraged to reach out to your lender to discuss forbearance or loan modifications that may apply to your existing loan.

Federal Housing Finance Agency (FHFA)

FHFA has instructed Fannie Mae, Freddie Mac and their servicers to be proactive in providing assistance to homeowners including forbearance. In addition, FHFA imposed a moratorium on eviction and foreclosures on mortgages backed by the GSEs:

Fannie Mae and Freddie Mac

Fannie Mae and Freddie Mac have issued similar guidance:

  • Homeowners who are adversely impacted by this national emergency may request mortgage assistance by contacting their mortgage servicer
  • Foreclosure sales and evictions of borrowers are suspended for 60 days
  • Homeowners impacted by this national emergency are eligible for a forbearance plan to reduce or suspend their mortgage payments for up to 12 months
  • Credit bureau reporting of past due payments of borrowers in a forbearance plan as a result of hardships attributable to this national emergency is suspended
  • Homeowners in a forbearance plan will not incur late fees
  • After forbearance, a servicer must work with the borrower on a permanent plan to help maintain or reduce monthly payment amounts as necessary, including a loan modification

Fannie and Freddie have also created pages with additional information:

 

Student Debt

 

Internal Revenue Service (IRS)

The IRS has also created a Coronavirus Tax Relief section (link is external) on their website with updated information for taxpayers and businesses (these resources are for businesses and not specifically for consumers).

  • Economic Impact Payments: ($1,200 or more)
  • Income Tax FILING and PAYMENT Deadlines Extended:
    • In light of COVID-19 crisis, the IRS on March 18 extended the income tax payment deadline (link is external) for individual returns (as well as all other entities) until July 15, 2020. Two days later, the IRS also extended the tax filing deadline to July 15, 2020. Additional forms do not need to be filed to qualify for these extensions.
  • Guard Your Information:

 

Texas Department of Insurance

Updates and Preparations: https://www.tdi.texas.gov/news/2020/coronavirus-updates.html

  • Health insurers and health maintenance organizations are waiving consumer costs for medically-necessary testing of COVID-19. (see above link)
  • Many also are offering telemedicine at no cost to consumers. (see above link)

Texas Workforce Commission

 

IRS on Unemployment Insurance Flexibilities

NOTE: Check with your state’s unemployment insurance program regarding the rules in your state.

The Employment and Training Administration announced new guidance outlining state flexibilities in administering their unemployment insurance programs to assist Americans affected by the COVID-19 outbreak.

Under the guidance, federal law permits significant flexibility for states to amend their laws to provide unemployment insurance benefits in multiple scenarios related to COVID-19. For example, federal law allows states to pay benefits where:

  • An employer temporarily ceases operations due to COVID-19, preventing employees from coming to work;
  • An individual is quarantined with the expectation of returning to work after the quarantine is over; and
  • An individual leaves employment due to a risk of exposure or infection or to care for a family member.

In addition, federal law does not require an employee to quit in order to receive benefits due to the impact of COVID-19.

Learn how to file for unemployment insurance benefits.

 

Personal & Family Health

 


We will continue to monitor conditions closely and we hope to return to business as usual as soon as possible. Please do not hesitate to reach out to our agents with any questions or concerns you may have at this time.

Follow us on our socials for updates:

Facebook: https://www.facebook.com/DonQuickAssociatesInc/

Instagram: https://www.instagram.com/donquicktx/

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COVID-19 Quick Resource

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View General Resources

Local Business Assistance and Resources

The Don Quick & Associates, Inc. team understands that your business is likely experiencing disruptions resulting from the current COVID-19 outbreak. Our mission here at Don Quick & Associates, Inc. has  been and always will be to serve our clients as best as we can, and that is not limited to serving in the realm of commercial real estate. As one method of assistance, we have compiled a collection of helpful links and resources that we believe may be useful to you and/or your business at this time. We hope this helps and it is a privilege to continue to serve our local business community the best we can.

4/27/2020: Gov. Abbott OpenTexas Report


Governor Greg Abbott and the OneStar Foundation yesterday announced the Texas COVID Relief Fund

OneStar Foundation has been designated by the State of Texas to raise and distribute funds to eligible organizations working on the ground to support the economic recovery of Texas communities impacted by the coronavirus. Click here to read the announcement of the Texas COVID Relief Fund by Texas Governor Greg Abbott.

Wilco Forward Small Business Grant Program

Williamson County has officially launched its Wilco Forward program, which aims to provide grants for local business owners that have been impacted financially by the COVID-19 pandemic.
Click Here for Information and Requirements

Small Business Administration Loans Deferred:

U.S. Department of the Treasury – COVID-19 Tax Credit

Small Business Assistance:

Retail-To-Go for Texas Begins April 24

Governor Greg Abbott signed an Executive Order authorizing the re-opening of retail businesses effective April 24. See links below for State of Texas guidance on reopening retail businesses.


 

Other helpful links:

 
Texas State Small Business Development Center – https://sbdc.mccoy.txstate.edu/Disaster-Recovery.html
 
 
 
Texas Workforce Commission – https://twc.texas.gov/businesses/shared-work
 

We will continue to monitor conditions closely and we hope to return to business as usual as soon as possible. Please do not hesitate to reach out to our agents with any questions or concerns you may have at this time.

Follow us on our socials for updates:

Facebook: https://www.facebook.com/DonQuickAssociatesInc/

Instagram: https://www.instagram.com/donquicktx/

 

 

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Don Quick & Associates, Inc. Donates $10,000 to RRISD Programs

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ON JANUARY 16TH Don Quick & Associates, Inc. donated $10,000 to Round Rock ISD through the Partners in Education Foundation. This donation will not only pay off all current free and reduced lunch debt for 16 Round Rock schools, but it will also benefit two more extremely important RRISD programs. 

Don Quick & Associates, Inc., represented by Joshua Brito and Rick Honrales, presented the $10,000 at the first Council of PTAs meeting of 2020. The donation was made on behalf of Quick Family Teachers who were represented at the event by both Don Quick’s brother, Larry Quick, and his wife Lynn.

“Service in education is a strong family value for the Quicks. All total, the family of Oscar and Carolina Quick of Round Rock have contributed 346 years to careers and service in public education,” said Larry Quick during his brief presentation that received a standing ovation from members of the Round Rock ISD’s Council of PTAs. 

This donation is a tribute to the 13 Quick Family Members who have served a combined 346 years in public education. 

  • Signe Quick, RRISD – 51 Years
  • Agnes Quick, RRISD – 52 Years
  • Marjorie Beaumont Quick, RRISD – 32 Years
  • Lynn Enger Quick, RRISD, Laredo, Phoenix – 35 Years
  • Clarence Quick, RRISD School Board – 3 Years
  • Linda Quick Carriere, Dayton ISD, Hamshire ISD, Pollock ISD – 24 Years
  • Danielle Carriere Johnson, Stephen F. Austin University, Waskom ISD – 23 Years
  • Marilyn Quick Richardson, Nacogdoches ISD, Shepherd ISD – 8 Years
  • Carin Sue Richardson, Pollock Central ISD – 2 Years
  • Joe T. Richardson, Stephen F. Austin University, Central Heights ISD – 24 Years
  • Hazel Quick Knaak, Pflugerville ISD, Houston ISD – 30 Years
  • Joy Knaak Riley, Austin ISD – 45 Years
  • Ann Knaak Kowald, Polk County Schools Florida – 17 Years 

The donation of $10,000 will be broken up into three parts: 

Round Rock ISD FiT (Families in Transition) Program – $2,500

This $2,500 donation will pay for hotel vouchers, blankets and air mattresses for students who are attending school, but don’t necessarily have a place to live. 

Round Rock ISD PTA Clothes Closet (campus direct giving) – $4,000

This $4,000 donation will pay for new socks, underwear, warm-ups, & shirts for campus direct devlivery support for all title one schools and all high schools. It will also pay for socks and undergarments for Clothes Closet. 

Round Rock ISD Free and Reduced Lunch Account Balances – $3,500 

This $3,500 will pay off all current lunch debt for students on the free and reduced program for 5 high schools and 11 middle schools.

From Left: Lynn Quick, Larry Quick, Dr. Steve Flores (Superintendent of RRISD), Joshua Brito, Rick Honrales


“Since 1883, the Quick Family has been a proud part of Round Rock. With our long history of teachers, we are ecstatic to help RRISD in anyway that we can. We are proud to have called Round Rock home for over 100 years and we don’t intend to leave!” – Don Quick

 

Through a nice surprise, one of Lynn Quick’s former students was actually scheduled to be the guest speaker – Texas State Representative, James Talarico. See his post below.

 

This donation is just a small part of Don Quick & Associates, Inc.’s 50 Year Celebration. Don Quick & Associates, Inc. is celebrating 50 years in business by serving 50 charitable organizations in 2020.

Learn more by visiting donquick.com/50. 

 

 

Don Quick & Associates, Inc. Ranked #1 Commercial Real Estate Brokerage Firm in Wilco by Austin Business Journal

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Don Quick & Associates, Inc. was ranked 18th overall in the Austin Business Journal’s list of top commercial real estate brokerage firms for 2018 in the Austin area – and 1st for Williamson County. The companies are ranked by transaction values for sales and leases for 2018. The company moved up to 18th from 23rd the previous year.

Don Quick & Associates, Inc. Complete Rankings:

#1 in Total Transaction Value of 2018 Sales & Leasing in Williamson County

#18 overall in Total Transaction Value of 2018 Sales & Leasing in Austin MSA

#4 in Breakout: Transaction Value: other Client Sales/Purchases for Pad Sites and Land

#5 in Austin Operations: Total Acreage Buy/Sell on Client’s Behalf During 2018

#8 in Breakout: Of Total Building Transaction Values, What Portion is for Multifamily Portion

#8 in Austin: SF of Multifamily Portion

#9 Austin: No. of Multifamily Units Sold

#13 in Austin SF Leased

#16 in Breakout: Aggregated Transaction of Leases

See full list here:
https://www.bizjournals.com/austin/subscriber-only/2019/03/29/the-list-top-austin-area-commercial.html

Link requires a paid subscription to view.

Sanchez brothers discover real estate success — even when competing with each other

By | Don Quick News, Uncategorized | No Comments
By Jan Buchholz     February 23, 2017

View the story on the Austin Business Journal website

Two brothers from a large Round Rock family have found their career niche competing — and sometimes collaborating — with each other on commercial real estate deals in the retail sector.

Michael Sanchez, 34, of Don Quick & Associates Inc. and Gabe Sanchez, 31, of Weitzman never expected to be in the same business let alone have ample opportunity to work together. But that’s how the plot unfolded.

“We try to do as much business as we can together,” Michael Sanchez said. “Even though we work with competing firms what we do is very complementary.”

They both know the restaurant business inside and out. Michael even attended Le Cordon Bleu College of Culinary Arts. Their parents operated a Round Rock eatery for years.

“(My parent’s) restaurant was Michael’s Tacos,” Michael said. “I am the first-born so I had the honor of having it named after me.”

When their parents retired, Michael opened his own iteration of Michael’s Tacos in February 2010, but sold it in March 2012 after the death of his mother. After the emotional loss of the family matriarch, Michael took some time off.

Continue reading…

Article photo by ARNOLD WELLS

Don Quick & Associates, Inc. Brokers 237 Acre Land Deal with the City of Pflugerville

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Sports complex planning kicks off following land acquisition

Pflugerville approves nearly $4.3 million for facility site

By Emilie Shaughnessy      September 30, 2015

View the story on the Community Impact Website

The city of Pflugerville approved the purchase a 238-acre property in August for a new athletic complex that could include up to 24 fields. The purchase comes nearly two years after a study determined the city needed to build such a facility to accommodate its growing youth sports leagues.

City Council approved the acquisition of the $4.276 million Rosa Pfluger Tract off Cameron Road on Aug. 25 and is requesting bids from architecture and engineering firms interested in designing the sports complex. The site is large enough to also include a community park and nature areas, Mayor Jeff Coleman said.

“This gives us a lot of acres to grow into,” Coleman said. “The topography is beautiful. It has elevation changes, and it has a creek running through it. It gives the planners a lot of possibilities.”

Coleman said he hopes to see final design plans for the site by early next summer. The city will begin developing the southern portion of the property into athletic fields and spend the next decade turning the rest of the land into a recreation destination, he said.

The land purchase is funded through an $11 million bond voters approved in November for a sports complex, according to city officials. At the time of the bond, the city was considering several locations for the complex but had not selected a site, officials said.

Jesse Pedraza, president of the Pflugerville Area Youth Soccer League, said the new complex cannot come soon enough. Currently the league only has dedicated practice space for its competitive teams and has to share public park space with other organizations.

“I don’t know what it is, but [the Pflugerville area] is a magnet for soccer clubs,” he said. “We’re pretty much on top of each other trying to find practice space.”

Pedraza said PAYSL enrolls about 1,400 children and has been growing by about 9 percent each season.

“If we grow more we just don’t have anywhere to put more teams,” he said. “It’s a good problem to have, I guess.”

In addition to the soccer clubs, there are baseball, football and other sports leagues vying for practice space at Pflugerville’s city parks, middle schools and elementary schools.

Pflugerville Little League President Michael Owens said his organization is in a challenging position because its complex is not city property. Although PLL is also short on practice space and in need of several facility improvements, it must rely on participant fees and concessions to fund the program.

Owens said he hopes the new complex will allow PLL to relax its fees and take some of the burden off board members, who Owens said spent Labor Day fixing plumbing issues in the complex’s restrooms.

“It’s all stuff we are responsible for maintaining,” he said. “The new complex will be great, but [the time span] from purchasing to actually breaking ground still puts us off for years.”

Coleman said a new sports complex was his top priority when running for re-election and that the city will continue to make it a primary goal.

“We promised citizens we would create a sports complex because we are in desperate need of [practice and game space],” he said. “I’m very pleased it’s going to be well on the road while I’m mayor, and we’ll be able to enjoy it after I’m mayor.”

Cortec Precision Sheetmetal Breaks Ground at 130 Commerce Center, Pflugerville

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CORTEC PRECISION SHEETMETAL BREAKS GROUND AT 130 COMMERCE CENTER, PFLUGERVILLE

PFLUGERVILLE, Texas (April 15, 2016)—The Pflugerville Community Development Corporation (PCDC) today announced that Cortec Precision Sheetmetal Inc. broke ground this week on an approximately 120,000-square-foot building planned for its new location at 3801 Helios Way in Pflugerville. Cortec plans to occupy 60,000 square feet, and the additional 60,000 square feet will be available for lease.

Exterior construction on the building is expected to be complete this fall, and Cortec plans to relocate its 120 full-time employees to Pflugerville early next year.

The high-quality sheet metal business is family owned and operated and was founded in 1975 in San Jose, Calif., where the company headquarters are located with a staff of more than 300.

Cortec will make a $20 million capital investment in this new location at 130 Commerce Center, a rapidly growing mixed-use development at the southwest corner of SH 130 and Pecan Street in Pflugerville.

The Pflugerville Chamber of Commerce held a groundbreaking ceremony April 14. Chamber President and CEO Patricia Gervan-Brown spoke about the significant growth of Pflugerville, and PCDC Executive Director Amy Madison welcomed Cortec to the community. Pflugerville City Councilman Brad Marshall and Texas Regional Director from the office of U.S. Sen. Ted Cruz (R-Texas) Carl Mica also spoke at the event. Lastly, Cortec General Manager Richard Corrales discussed his excitement to move and expand his business in Pflugerville.

“We are so proud to see a longtime Pflugerville resident make such a substantial investment in our community, where we will support him and celebrate his continued success after more than 40 years in business,” Madison said. “This is a great day for Pflugerville and we want to offer you a sincere ‘welcome home’ to all of you at Cortec.”

Approximately two years ago, Cortec purchased an 8-acre tract of land from the PCDC for this project. Though the PCDC offered up to $228,000 in incentives to Cortec and sold the land at a reduced cost, the economic development corporation secured more than $500,000 in net profit in the sale of the land even after all incentives are paid to the company.

According to a 2014 study conducted by Austin-based Impact DataSource, during the next 15 years Cortec’s move to Pflugerville will generate at least 200 permanent direct and indirect jobs, result in $19 million taxable sales and purchases within Pflugerville, and generate $20 million in additional tax revenue for the City of Pflugerville.

 

About the Pflugerville Community Development Corporation

The Pflugerville Community Development Corporation promotes Pflugerville as a desirable place for new businesses to operate. The organization also supports existing businesses by helping to address their needs. PCDC can provide funding for use as an incentive to businesses to begin doing business in Pflugerville. PCDC funds, which are 4B money generated from a half-cent of the city’s sales tax revenue, can also be used to construct needed infrastructure such as roads, utilities and drainage projects. Located 16 miles northeast of Austin and just south of Round Rock, Pflugerville is well-situated in Central Texas. New state highways 45 and 130 and Interstate Highway 35 all offer direct access to other nearby cities and the region’s main airport. For more information, visit www.pfdevelopment.com.

California developer plans high-end office space in Round Rock

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Newport Beach, Calif.-based Mark IV Capital tentatively plans to break ground on Round Rock’s first Class A office space beginning this summer. The 82,000-square-foot building will be the second building at The Summit at La Frontera office park near the intersection of Hesters Crossing Road and La Frontera Boulevard.

The architect, engineer and general contractor have yet to be selected.

Mark IV Capital purchased the land and the adjacent Summit I office building in October 2013 from Maryland-based Moore & Associates Inc. The 87,000-square-foot Summit I is a Class B property built in 2001. It’s almost 95 percent occupied with tenants that include Broadcom Corp., HDR Engineering, Prime Lending and SmartNote.

Robert Shore of Don Quick and Associates Inc. represents Mark IV Capital with the leasing of Summit I and the preleasing of Summit II.

“We are targeting a large user requiring 15,000 to 20,000 square feet or more of Class A office space in Central Texas for Summit II,” Shore said. “We are already working with several companies who are looking to enter the greater Austin area and require this type of office space.”

This is Mark IV Capital’s first investment in Austin. The company researched the Austin market for about 10 years before committing capital here.

“Round Rock is a magnet for attracting businesses due to progressive city leaders and a pro-business climate,” said Justin Basie, asset manager for Mark IV Capital.

Mark IV Capital is active in real estate acquisitions and developments in Phoenix, Denver, Las Vegas and Southern California.

Jan Buchholz, Austin Business Journal (Follow her on Twitter)

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

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