Velocity Retail Group’s Investment Division completed the $2,827,500 investment sale of two multi-tenant shops buildings totaling 15,463 square feet. The buildings are located at 709 & 727 W. Ray Rd., Gilbert, AZ 85233 and are shadow anchored by Leading Edge Academy. Velocity Retail Group’s Brian Gast and Eli Castronova in partnership with Orion Investment Real…
Velocity Retail Group Investment Division completed the $5,700,000 NNN investment sale of a 25,000 square foot Goodwill of Central Arizona store at the Heritage Square shopping center in Queen Creek. The shopping center is located at the southeast corner of Rittenhouse Road and Ellsworth Road in Queen Creek. The project is a joint venture between…
Velocity Retail Group’s Dave Cheatham, Darren Pitts, and Morgan Danhoff represented California Fish Grill in a 3,183 square foot location at Mesa Grand, located at the southeast corner of the U.S. 60 Freeway and Stapley Drive in Mesa. The Landlord is Mesa Grand/Spectrum, LLC, an entity controlled by DSW Commercial Real Estate of Tucson, AZ.…
Velocity Retail Group’s Dave Cheatham and Darren Pitts represented Banana Republic, LLC, a brand of Gap Inc in a 5,500 square foot location at the Shops at Town & Country, located at the southeast corner of Camelback Road and 20th Street. The Landlord, Town and Country Camelback, LLC was represented by Mike Kallner of RED…
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Velocity Retail Group’s Dave Cheatham, Darren Pitts, Brian Gast, and Brad Ranly represented the landlord, FAE Ray & Rural, LLC in a 38,253 square foot lease to EoS Fitness at the southeast corner of Ray Road and Rural Road in Chandler, Arizona. The owners of the building, Wadsworth Development Group in a joint venture partnership…
Heather Prinsloo works with Brian Gast, Brian Harpel, and Brad Ranly managing transaction details, providing marketing support, and maintaining a hands-on approach to requests from clients regarding our listings and tenants. Her focus is to streamline the transaction process and facilitate client requests. Having been with Velocity Retail Group for three years, she is well…
Darren Pitts of Velocity Retail Group represented Life Time in the purchase of a 3-acre land parcel at Happy Valley Road and 67th Avenue in Peoria, Arizona. The parcel is a portion of the existing Christ’s Church of the Valley (CCV) campus located on the southwest corner of the intersection. The Seller’s entity was Christ’s…
It was a standing room only crowd of over 80 attendees for Velocity Retail Group’s 2019 Retail Forecast event. Shopping center owners, developers, investors and retailers came to hear firsthand the state of the retail market in Phoenix and what is trending with retailers this year and into the future. Darren Pitts, Brian Gast, and…
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 Pitts of Velocity Retail Group…