The Reata BizLetter

1947 Avenue K
A publication of Reata Commercial Realty, Inc.
     April 2010
 
State of the Economy - Video
 
 Bob & Jake video Bob & Jake video Bob & Jake video 
 
Last month we had a feature on a presentation from Al Neimi, the dean of the Cox School of Business at SMU. We were so impressed with the information he provided that Jake and Bob created a short video in which they discuss more of Mr. Neimi's comments. You can find that video on our YouTube channel.
 
This month's trivia question is good for a $25.00 Brinker restaurant gift card. You'll have to watch the video to get the answer. Here it is: What is the Tyranny of the Majority?
 
Send your answers to us. Good luck.
 
Last month's question was also found in a video about why you should never exercise the renewal option in your lease. The question was, under what circumstances should you actually exercise your renewal option? Wes Steifer with MS Dallas was our winner with his answer:
 

"You should only exercise your renewal option once your agent has secured market data for you and your landlord has submitted his initial quote to you. The new rental rate doesn't have to be finalized but quotes from the landlord are on the table and the tenant's representative has current market data with which to counter and negotiate effectively."

 
Congratulations, Wes. Enjoy Brinker.
 
How Fast is Your Website?
 
Website speedGoogle made an official announcement recently saying that Website speed, "how quickly a site responds to web requests", is now a ranking factor in Google's search algorithm. Fast websites will now be favored over slow websites in its search results.
The announcement sent shockwaves through the online business community where good Google rankings mean more visitors and business, higher visibility and brand awareness and where a loss in ranking can have devastating effects. 

Web page speed has now become an important findability factor on Google. 
 
To see how fast your website is, you can run a free test by clicking here.
 
Chocolate for Charity
 
Le Chocolate FeastJoin us on Sunday, May 2, at the Shops at Legacy in Plano for Le Chocolate Feast benefiting My Possibilities. Sample delicious chocolate treats from the eateries in the Shops at Legacy from 2:00 - 5:00 PM. That should be long enough to satisfy the biggest chocoholic.
 
And the best part is that it benefits My Possibilities which is a fantastic non-profit that serves Collin County. You can sign up and buy tickets at their website.
 
 
Contact Info:
 

 

 
 
 
 
                               
                                       Bob's Headshot #3b
Bob Gibbons
 
 
 
 
 
 
 
  Jake's headshot
 
 
 
 
 
 
 
 
Brian SargentBrian Sargent
 
brian@TexasTenantRep.com
                              
 
 
 
 
 
 
 
 
 
   
Jan's headshotJan Gibbons
 

 
 
Who Said That?
Who Said That
"We are all self-made. But only the successful will admit it."
              - Earl Nightingale
 
"Every winner has scars." 
           - Herbert Casson
 
"Every setback creates the opportunity for a bigger comeback."
              - Billy Cox
 

"You grow up the day you have your first good laugh....at yourself."
            - Ethel Barrymore 

 
 ""I am ready to meet my Maker. Whether my Maker is ready for the ordeal of meeting me is another matter.""
              - Winston Churchill
 
Building a Winning
Sales Team
Sales Team
TrustPoint Management will be hosting an executive briefing on building a winning sales team on Friday, April 30. Some of the topics include:
 
- How to find & keep "A" players
 
- How to motivate sales people who are in a comfort zone
 
- Why management may be 1/2 of the problem!
 
- Can you rely on your sales
team to reach your goals?
 
Click here for more info and to sign up.
 
PGBT Eastern Extension Opens
Bush extension
The Texas Department of Transportation (TxDOT) opened Phase 3 of SH 161 on Saturday, April 10, 2010, eight months ahead of schedule.  Phase 3 includes the southbound lanes and service roads of State Highway (SH) 161 between SH 183 and Interstate Highway 30.

The project's three southbound lanes, along with all southbound exits (Trinity Boulevard/Shady Grove Road and Lower Tarrant) and entrances (Conflans Road, Trinity Boulevard and Oakdale Road) should now be open to traffic. 
 
I have one question though. Why is the Bush Turnpike also called SH-161 on the western and eastern ends, but it's SH-190 in the middle?  There's another $25.00 Brinker gift card in it for the first person to give us the correct answer.
 
Price Reduced - Land
McKinney Land
We have just reduced the price on a great piece of land in McKinney. It's a 1.67 acre pad on Eldorado Parkway now priced at $349,000 or $4.80/SF. It would be perfect for medical offices, day care, professional offices, certain retail, doggie day care, etc.
 
If you know of someone who might be interested, please let us know. You can get more information on the property including demographics at this link.
 
Reata Links
Why Use Reata?
 
 
Reata Commercial Realty
3401 Custer Road
Suite 118
Plano, TX  75023
972-679-1142 Phone
866-439-8015 Fax