Velocity Retail Group has leased a vacant Fry’s Food & Drug store at the southeast corner of Bell Road and 7th Street. The Fry’s expanded and relocated further east along Bell Road earlier this year. The 48,000 square foot vacant big box will be split to accommodate two national retailers. Marshalls will occupy 23,475 square feet
Velocity Retail Group was invited to present on the retail panel during AZRE magazine’s recent Fall Forum. The panel was moderated by Pete Bolton, of the Pete Bolton Company, and included Dave Cheatham from Velocity Retail Group, Bob Mulhern from Colliers International, and John Carlson of Mark-Taylor Residential. The panel was asked to
Velocity Retail Group’s Darren Pitts represented At Home in the purchase of 8.54 acres in the San Tan Pavilions shopping center located at the southwest corner of Williams Field Road and San Tan Village Parkway in Gilbert, Arizona. The seller of the property was San Tan AZ, LLC, an entity controlled by Intercapital Development, Inc. based
Alexa, driverless cars, computer phones that enable mobile communication, data access, virtual assistants that are really productive. All of the above and many other new technology that is dramatically changing our lives are here or will be in the next few years. And yet, John Michaelson with Michaelson Capital Partners is predicting a new
Velocity Retail Group’s Dave Cheatham represented Hobby Lobby Stores, in a lease at the Scottsdale 101 shopping center located at the northwest corner of Mayo Boulevard and Scottsdale Road. The 57,500 square foot store is expected to open in the first quarter of 2018. The store will be adjacent to a newly designed Ashley
During the past 16 years, Mega Furniture has grown to 12 locations in Phoenix and 7 in Texas. Always keeping the customer at the forefront of their business model, Mega Furniture has built their business on complete customer satisfaction and excellent pricing. The newest store opened at the southwest corner of Happy Valley and Interstate
This year, Pepperdine University’s Graziadio School of Business and Management presented Darren Pitts of Velocity Retail Group with the “George Award” for Outstanding Alumni. Each year, the George Awards honor some of the finest members and partners of the Graziadio School community. Recipients exemplify integrity, stewardship, courage, and compassion while enriching the ever-changing business world through
Amazon has shaken the grocery food segment this week with the announcement that they intend to open 2000 Amazon Go grocery stores. Each store will be in the 2000-3000sf size range. When Amazon combines their Alexa (warehouse ordering) and opening 2000 brick and mortar stores, they meet the needs of a large portion of
Velocity Retail Group’s Darren Pitts and Dave Cheatham represented Old Navy (a division of Gap, Inc.), in a lease at the Scottsdale Promenade shopping center located at the southeast corner of Frank Lloyd Wright and Scottsdale Road. The 11,008 square foot store is celebrating their grand opening beginning November 9, 2016. The shopping
The Recycle Your Bicycle organization works to give kids in Arizona's foster care system a great holiday. Many kids in foster care have never had their own bike. This program gives kids the joy of having their own bike. Velocity Retail Group worked together with De Rito Partners to help Recycle Your Bicycle find space for their
