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Argyle MDD reviews Retail Strategies quarterly market report; members question contract value
Summary
Board members received a quarterly market and demographic report from Retail Strategies, discussed active retailer contacts (including Ace Hardware and Brahms), and debated whether the firm has produced measurable lease outcomes after two years of engagement.
The Municipal Development District reviewed a Retail Strategies quarterly market report and demographic analysis during its Nov. 4 meeting and discussed how to evaluate the value of the town’s contract with the firm.
Harrison (staff) summarized the report, saying Retail Strategies provided market outreach updates and demographic breakdowns by drive-time (1/3/5 mile or 10-minute drive-time) and identified several national and regional retailers with ongoing conversations about Argyle, including Sam’s,…
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