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14 Jan, 2019

Velocity Retail Group Promotes Brian Gast to Executive Vice President and Principal

2019-01-14T13:32:16+00:00

Brian Gast has been promoted to Executive Vice President and Principal at Velocity Retail Group.  Brian started with Velocity Retail in 2014 and has been one of the top performers every year since he joined the firm.  For 2018, he achieved the status of a million dollar producer for the

Velocity Retail Group Promotes Brian Gast to Executive Vice President and Principal2019-01-14T13:32:16+00:00
9 Jan, 2019

Velocity Retail Group Represents At Home in Purchase of Tempe Location

2019-01-08T10:37:18+00:00

Velocity Retail Group’s Darren Pitts, Executive Vice President, represented At Home (NYSE: HOME) in the purchase of 5.88 acres of land in The Groves shopping center located at the northwest corner of Elliot Road and Hardy Drive in Tempe, Arizona.  Existing tenants in the shopping center include Wal-Mart Supercenter, Ross

Velocity Retail Group Represents At Home in Purchase of Tempe Location2019-01-08T10:37:18+00:00
10 Dec, 2018

Velocity Retail Group Sells Shopping Center for $8.3 Million

2018-12-10T14:05:09+00:00

Velocity Retail Group’s Brian Gast, Senior Vice President represented the buyer in the $8.3MM investment sale of Mountain View Marketplace, located at 3131 E. Thunderbird Road in Phoenix. Fortis Development, LLC of Arizona purchased the center which totals approximately 172,000 square feet. The Seller was Mountain View Shopping Plaza, L.P.

Velocity Retail Group Sells Shopping Center for $8.3 Million2018-12-10T14:05:09+00:00
27 Nov, 2018

Ashley HomeStore Opens in Prescott, Arizona

2018-11-27T14:55:42+00:00

Ashley HomeStore held their grand opening for the newest Arizona location at 3090 Gateway Boulevard in Prescott. The 42,000 square foot store welcomed a crowd of eager shoppers after the ribbon cutting. The location is immediately adjacent to Prescott Gateway, the area’s only enclosed regional mall.  Darren Pitts of Velocity

Ashley HomeStore Opens in Prescott, Arizona2018-11-27T14:55:42+00:00
6 Nov, 2018

Valvoline Instant Oil Change Enters Arizona Marketplace

2018-11-06T11:22:21+00:00

Velocity Retail Group recently finalized the first two ground leases for Valvoline Instant Oil Change™ as part of their new market expansion into the Phoenix metroplex and the State of Arizona. The company is the second largest quick lube chain in the U.S. with currently 1,150+ locations in 46 states.

Valvoline Instant Oil Change Enters Arizona Marketplace2018-11-06T11:22:21+00:00
25 Oct, 2018

Velocity Retail Group’s Investment Division Completes $2.876 MM Sale of Wendy’s and Wienerschnitzel Ground Leases

2018-10-25T13:23:19+00:00

Velocity Retail Group completed the $2,876,000 NNN investment sale of two ground leased properties at the Heritage Square shopping center in Queen Creek. The parcels are located at the southeast corner of Rittenhouse Road and Ellsworth Road in Queen Creek. The shopping center is a joint venture between

Velocity Retail Group’s Investment Division Completes $2.876 MM Sale of Wendy’s and Wienerschnitzel Ground Leases2018-10-25T13:23:19+00:00
9 Oct, 2018

Velocity Retail’s Philanthropy Committee At Work

2018-10-25T13:23:08+00:00

The Philanthropy Committee at Velocity Retail was back in action last week with a visit to Feed My Starving Children (FMSC) – a Christian non-profit that provides nutritionally complete meals to malnourished children worldwide. A group of Velocity Retail members and their family spent the afternoon packing meals for FMSC. Clint Palmer, a Development

Velocity Retail’s Philanthropy Committee At Work2018-10-25T13:23:08+00:00
24 Sep, 2018

Velocity Retail Group Leases to Michaels Stores a 23,586 SF Big Box in Mesa

2018-10-25T13:23:31+00:00

Velocity Retail Group’s Brian Gast, Senior Vice President represented the landlord, DTL-SGW, LLC in negotiating a 23,586 square foot Michaels Store in a former Best Buy, located at 1628 S. Signal Butte Road in Mesa, Arizona. “Superstition Gateway is situated at Signal Butte and the U.S. 60 and is perfectly positioned

Velocity Retail Group Leases to Michaels Stores a 23,586 SF Big Box in Mesa2018-10-25T13:23:31+00:00
17 Sep, 2018

Velocity Retail Group Leases 55,000 SF Big Box in Phoenix

2018-09-17T14:25:54+00:00

Velocity Retail Group’s Brian Gast, Senior Vice President represented the landlord, Fortis Development in negotiating a 55,000 square foot VASA Fitness in a former Safeway grocery store at 3131 E. Thunderbird Road in Phoenix. Russ Posorske, founder of Fortis Development commented on the transaction, “The Safeway center was put on the market when

Velocity Retail Group Leases 55,000 SF Big Box in Phoenix2018-09-17T14:25:54+00:00
17 Sep, 2018

Velocity Retail Hosts NAIOP Arizona Retail Education Event

2018-09-17T11:05:50+00:00

Velocity Retail Group produced and hosted an educational event for NAIOP Arizona Chapter members and guests to provide an overview of the retail real estate market in Phoenix. Darren Pitts, Executive Vice President and Board Member for NAIOP Arizona moderated the event. Darren is the first retail-focused Board member for NAIOP

Velocity Retail Hosts NAIOP Arizona Retail Education Event2018-09-17T11:05:50+00:00