Velocity Retail Group is proud to announce the promotion of Heather Prinsloo to Associate Vice President. Heather has worked at Velocity Retail Group for over 7 years, and started working exclusively with Brian Gast in 2019 and helped launch the Gast Team. Her expertise has expanded to managing transactions, maintaining a hands-on approach to requests…
Darren Pitts of Velocity Retail Group and Bob Crum of Ross Brown Partners represented the Seller in a two-property sale leaseback of La-Z-Boy Showrooms in Georgia and Tennessee. The Seller is AFG-Alpharetta, LLC and AFG-Knoxville, LLC both Georgia limited liability companies managed by Thomas DeGoey one of the largest volume licensees within the La-Z-Boy network.…
At the 2021 Best of NAIOP Awards ceremony Velocity Retail’s Dave Cheatham and Darren Pitts received the Retail Broker Team of the Year. The event honors the year’s most successful projects, companies and individuals within the commercial real estate industry. This is the third year that the duo has earned this distinction which honors outstanding…
Southern California based Lure Fish House is expanding to the State of Arizona with their first location in the popular Shops at Gainey Village. Velocity Retail Group’s Darren Pitts, Morgan Danhoff and Bret Olson are representing the tenant for their market launch. This is the fifth location for the popular restaurant. Lure Fish House is…
If you live in the Phoenix area, mark your calendars for November 5th. Nearly four years after Velocity Retail Group started working with ALDI on their Arizona market expansion, the first stores will open. The much-loved grocery chain will soon be serving customers in the highly competitive grocery sector with its first two stores in…
Phil Kwiecinski has been promoted to Senior Vice President of Finance & Administration for Velocity Retail Group and their affiliated company Accelerated Development Services. A tenured member of the organization, Phil’s position has grown to include a higher level of oversight managing the day to day operations, human resources, and the financial details of the…
Congratulations to American Furniture Warehouse on their most recent opening in Katy, Texas. This new store totals over 350,000 square feet, with about 150,000 square feet as a furniture showroom, the balance is the warehouse. Velocity Retail Group’s Darren Pitts began working with American Furniture Warehouse in 2015. Pitts is an executive vice president and…
The Past, Present & Future of Retail Five retail industry icons spoke during an engaging presentation to discuss how retail has evolved in Phoenix from the 1960s through today. Dave Cheatham, President, and Darren Pitts, Executive Vice President of Velocity Retail Group lead the group which spoke to the 100+ attendees. Panel members were: Jack…
We just concluded a successful Phoenix Retail Interface event produced by France Media. Velocity Retail Group’s Dave Cheatham was featured on the Investments and Capital Markets panel with five other experts in their field. John Lotardo, Senior Vice President of Commonwealth Land Title Company, moderated the lively discussion. Dave was joined by Bobby Khorshidi, President…
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…