Ashley Outlet recently celebrated their grand opening for a 18,283 square foot store at the Promenade at Casa Grande, 1005 N. Promenade Parkway, #105 Casa Grande, Arizona. This is the 17th Ashley HomeStore in Arizona. The Landlord, Lamar Companies from Fairfield, New Jersey are the owners of the shopping center. Darren Pitts and Bonnie
Velocity Retail Group has recently completed the purchase of a 39,841 SF parcel for their client ICAP Development, LLC. ICAP is a preferred developer for La-Z-Boy which intends to open their 3rd store in the Tucson market at this location. The parcel is located at The Landing at the NWC of Interstate 19 and
Velocity Retail Group, along with Riverway Retail have recently negotiated a new 55,000 square foot lease for Hobby Lobby at Queen Creek Crossing located at the northwest corner of Queen Creek Road and Ellsworth Road in Queen Creek. The newly constructed shopping center will be anchored by Queen Creek’s first Costco store, which is
Velocity Retail Group is pleased to announce the grand opening of American Furniture Warehouse at Christown Spectrum Mall located at 1755 West Bethany Home Road in Phoenix, Arizona. Velocity Retail Group’s Darren Pitts represented American Furniture Warehouse which is based in Englewood, Colorado in the 149,609 square foot lease. The landlord, Christown 1755, LLC,
The 2021 Best of NAIOP awards ceremony honors the past year’s most successful people, companies and projects within the Arizona commercial real estate industry. Over 1,000 commercial real estate professionals attended the event at the Arizona Biltmore on June 9th. Velocity Retail Group’s Dave Cheatham and Darren Pitts received the Retail Broker of the
At the "2019 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 second consecutive year that Velocity Retail has earned this distinction which
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
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 Wadsworth Development Group
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’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
