Centcom Realty

Retail property sales have ramped up as investor activity and demand increase as a result of the pandemic. CENTCOM’s Craig Crossing and Valley Ranch Centre are amongst these properties. Read the article by Dallas Morning News at the link below.
https://edition.pagesuite.com/popovers/dynamic_article_popover.aspx?artguid=4ab8b849-aaff-4c90-8e20-fb83fbc9f6cb
-

Disney Investment Group (DIG) assists CENTCOM in handling the sale of Valley Ranch Centre. Read the story at https://rebusinessonline.com/disney-investment-group-arranges-sale-of-111211-sf-shopping-center-in-coppell-texas/.

Read about the transaction of both Valley Ranch Centre and Craig Crossing at https://centcomusa.com/centcom-realty-sells-combined-246000-sq-ft-of-retail-in-coppell-and-mckinney/.
-

Valley Ranch Centre and Craig Crossing, two prominent shopping centers have been SOLD! Valley Ranch Centre is a neighborhood shopping destination located in Coppell, TX and Craig Crossing is a high-traffic shopping hub located in Mckinney, TX. Valley Ranch Centre was acquired by New Orleans based PMAT and Craig Crossing was acquired by Tel Aviv, Isreal based ALTO Fund. Read more at the link below.
http://ow.ly/vMiL50HF2sg
-

The small-store experience is powerful. So, it’s no surprise we’re seeing a new Amazon effect – eCommerce giants opening brick and mortar stores of their own. Omnichannel retail – ‘bricks and clicks’ – offers the best of both worlds.-

Due to the difficulty of bringing the shipping containers in, and paying higher rates for air freight just to bring goods in, retailers are overordering and placing orders earlier then ever before. Demand is soaring due to consumer panic shopping, resulting in slanted demand forecasts, unfulfilled orders and prices rocketing due to high demand and low supply.
-

"Due to the shortage of robots and wifi, some of our staff are humans and may smile, seem interested and have answers that do not require hitting the # button."
- Unknown brick and mortar store manager

Retail is the original social activity! Buying and selling in public places is stymied a bit now but is as old as civilization. If you are not using social media to keep yourselves connected to your customers, you are stuck in the stone age. Don't end up like the dinosaurs, start socializing.

Thinking Outside The Box! "In-and-out" floor plans for brick-and-mortar retailers will be trending says Inc. Magazine. Optimize your store layout for a quick hit-and-buy visit this holiday shopping season and adapt to consumer's changing shopping habits. When they come, be ready!

How Covid-19 Will Shape Holiday Retail Shopping in 2020 While the unknowns of the 2020 season are many, you can count on seeing these four trends.

"I'll be back." - The Terminator

"You have to get comfortable being uncomfortable." Lou Piniella