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27 Feb, 2019

Ashley HomeStore to Open in Gilbert

2019-02-27T09:03:35-07:00

Ashley HomeStore has closed escrow on 3.2 acres land at the southwest corner of Williams Field Road and San Tan Village Parkway in Gilbert, Arizona. Ashley will construct a new prototypical HomeStore of approximately 38,000 square feet on the parcel. This will be the 14th Ashley HomeStore in Arizona. Darren

Ashley HomeStore to Open in Gilbert2019-02-27T09:03:35-07:00
21 Feb, 2019

La-Z-Boy Completes Investment Sale of Four Top-Ranked Arizona Stores

2019-02-21T14:22:39-07:00

Darren Pitts of Velocity Retail Group and Bob Crum of Ross Brown Partners represented the Seller in a multi-property investment sale that included four individual La-Z-Boy Showrooms throughout Arizona. The Seller was Edward O. Breunig, III an independent dealer whose company EBCO, Inc. built the largest volume licensee stores within

La-Z-Boy Completes Investment Sale of Four Top-Ranked Arizona Stores2019-02-21T14:22:39-07:00
4 Feb, 2019

Velocity Retail Leases Tempe Arizona Vacant Big Box to Central Christian Church

2019-02-04T10:33:57-07:00

Brian Gast of Velocity Retail Group represented the Tenant, Central Christian Church in a 17,200 square foot least in Royal Palms Plaza located at the southeast corner of Elliot Road and McClintock Road in Tempe, Arizona.   The Landlord was Michael Pollack of Pollack Investments, Mesa, Arizona The church signed

Velocity Retail Leases Tempe Arizona Vacant Big Box to Central Christian Church2019-02-04T10:33:57-07:00
30 Jan, 2019

Velocity Retail Group Leases Vacant Big Box in Scottsdale to New Virtual Restaurant Concept

2019-01-30T09:47:00-07:00

Darren Pitts, Brian Gast and Brad Ranly of Velocity Retail Group represented the Landlord, C & H Development Company in a 14,412 square foot lease at Scottsdale Commons shopping center located at the southwest corner of Shea Boulevard and Scottsdale Road. Kitchen United, Inc. will be occupying the vacant space

Velocity Retail Group Leases Vacant Big Box in Scottsdale to New Virtual Restaurant Concept2019-01-30T09:47:00-07:00
14 Jan, 2019

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

2019-01-14T13:32:16-07:00

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 Principal2019-01-14T13:32:16-07:00
9 Jan, 2019

Velocity Retail Group Represents At Home in Purchase of Tempe Location

2019-01-08T10:37:18-07:00

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 Location2019-01-08T10:37:18-07:00
10 Dec, 2018

Velocity Retail Group Sells Shopping Center for $8.3 Million

2018-12-10T14:05:09-07:00

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 Million2018-12-10T14:05:09-07:00
27 Nov, 2018

Ashley HomeStore Opens in Prescott, Arizona

2018-11-27T14:55:42-07:00

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, Arizona2018-11-27T14:55:42-07:00
6 Nov, 2018

Valvoline Instant Oil Change Enters Arizona Marketplace

2018-11-06T11:22:21-07:00

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 Marketplace2018-11-06T11:22:21-07:00
25 Oct, 2018

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

2018-10-25T13:23:19-07:00

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 Leases2018-10-25T13:23:19-07:00