AUGUST 30, 2019

Ashley HomeStore is celebrating their grand opening of a newly constructed 38,000 square foot store at the southwest corner of Williams Field Road and San Tan Village Parkway in Gilbert, Arizona. This will be the 14th Ashley HomeStore in Arizona.

Darren Pitts of Velocity Retail Group and Aaron Hodgdon of Hodgdon Group Realty represented Ashley in the transaction. “Ashley HomeStore continues to expand their footprint in key markets throughout Arizona,” said Pitts, Executive Vice President of Velocity Retail Group. “The San Tan Village area is a key growth market for our brand in the Phoenix metroplex. Gilbert is one of the fastest growing residential communities in the nation. The location has great visibility to Williams Field Road and excellent access to the 202 freeway to serve the broader trade area.”

This represents another big box transaction completed by Velocity Retail Group. The firm continues to lead the retail market in big box leasing and sales and looks forward to continuing to serve its expanding retailers at the highest level.