Velocity Retail Group celebrated the ribbon cutting of the “Teen Den” for the Child Life program at Maricopa County Integrated Health Systems. The Velocity Charities Committee launched the Teen Den project about two years ago after completing a toy drive for the Child Life Program at MIHS. Kyla Mohney, Child Life Specialist for MIHS saw…
Wadsworth Development Group in partnership with Accelerated Development Services held a ribbon cutting and grand opening ceremony today at The Crossing at Sahuarita Shopping Center in Sahuarita, Arizona. The 150,000 center boasts a Sprouts Farmers Market, TJ Maxx, PetSmart, Beall’s Outlet, and several restaurants and shops to compliment the diverse tenant mix. The project…
Velocity Retail Group recently finalized a lease on behalf of Old Navy at Superstition Gateway shopping center in Mesa. Dave Cheatham, President and Darren Pitts, Executive Vice President represented Old Navy in the transaction. Brian Gast, Senior Vice President represented the Landlord, DTL-SGW, LLC and DTR1C-SGW, LLC. This will be the 19th location for Old…
Velocity Retail Group recently completed over 30 transactions totaling nearly 1 million square feet of retail space, land and big boxes. Following are a few highlights of some of the activity: Velocity recently completed its 3rd new location for Kay Jewelers in Arizona. Dave Cheatham, Darren Pitts and Morgan Danhoff represent Signet, which includes the…
“I’m very honored to be recognized in an industry that is so full of talented professionals in the Phoenix marketplace. Our firm is fortunate to represent some of the finest retailers in the nation. Also, a big thanks to our entire team at Velocity Retail Group for making our clients goals their top priority each…
Velocity Retail Group’s Brian Gast has leased a 37,343 square foot vacant big box to Lina Home Furnishings. This will be the 4th location in the Valley for this successful furniture chain. The store is located at the southwest corner of Ray Road and 48th Street in the Ahwatukee Foothills Towne Center in Phoenix, Arizona.…
Velocity Retail Group has sold a vacant Fry’s Food & Drug store at the southwest corner of Apache Trail and Idaho in Apache Junction. Fry’s recently expanded and relocated to the northeast corner of the same intersection with a new Marketplace concept. The 62,602 square foot vacant big box was purchased by Simon CRE and…
Velocity Retail Group has announced that Brad Ranly has been hired to launch their Land Practice Group effective immediately. Ranly previously worked with Land Advisors Organization and most recently, Marcus & Millichap where he focused on site selection services for commercial land. His experience in working with development companies, investors, the public sector and medical…
Velocity Retail Group is expanding by opening an office in southern Arizona. The new Tucson office is located at 6061 E. Grant Road effective January 3, 2018. The office will be lead by Brian Harpel, Senior Vice President and Associate Broker for the new office. This is the second office for Velocity Retail Group which…
Velocity Retail Group completed the investment sale of a multi-tenant retail building at 7650 West Bell Road in Glendale, Arizona. The building was a joint venture between Wadsworth Development Group and Accelerated Development Services who purchased and redeveloped the building in 2016. The building was originally built in 1994 as a Just for Feet shoe…