Commercial Retail Group, operating as Routh Properties and Commercial Retail Group, is a privately held real estate investment and property management firm based in Austin, Texas. Founded in 1992, the company has built a portfolio of retail shopping centers, warehouse properties, and office buildings across multiple states in the southern United States. The firm operates with over 12 million square feet of commercial retail, office, and industrial space under ownership and management. The company employs a vertically integrated approach, personally managing and maintaining all properties directly to maintain control over operations and tenant relationships. Commercial Retail Group specializes in acquiring undervalued properties and executing value-add strategies, including the redevelopment of former grocery stores and Walmart buildings. The firm targets properties ranging from 50,000 to 300,000 square feet with existing occupancy between 50% and 90%, focusing on deals priced between $1 million and $35 million. The company's geographic footprint spans Texas, Louisiana, Oklahoma, Kentucky, Tennessee, North Carolina, Mississippi, and New Mexico, with Texas representing the largest concentration of assets. The founding partners maintain hands-on involvement in acquisition, leasing, tenant retention, and property maintenance decisions.