Velocity Retail Group in partnership with Ross Brown Partners recently facilitated the purchase of a 13.2 parcel of land at the southwest corner of Ray Road and Higley Road in Gilbert, AZ. The land is at the intersection of the highly desirable master planned development of Agritopia. Darren Pitts, Executive Vice President and Brad
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
Velocity Retail Group hosted a Retail Briefing and Forecast event for dozens of municipal economic development personnel and clients. The event was geared toward exploring how cities, corporations and building owners can adapt as retailers evolve to better accommodate the changes in consumer shopping. Dave Cheatham, President of Velocity Retail Group moderated the event,
Darren Pitts of Velocity Retail Group and Bob Crum of Ross Brown Partners represented the Seller in the sale of the La-Z-Boy Showroom located at 6828 East Camelback Road, adjacent to Scottsdale Fashion Square Mall. The Seller was Edward O. Breunig, III a former La-Z-Boy licensee whose company EBCO, Inc. built the largest volume
Velocity Retail Group’s Darren Pitts, Executive Vice President, and Morgan Danhoff, Associate Vice President represented At Home (NYSE: HOME) in the 104,684 square foot lease in the former Target location at 5255 E. Broadway Blvd., in Tucson Arizona. At Home is holding their grand opening on January 29, 2020. “The store is located along the
EoS Fitness has opened their newest club in Chandler, Arizona. Velocity Retail Group’s Dave Cheatham, Darren Pitts, Brian Gast and Brad Ranly represented the Landlord, FAE Ray & Rural, LLC in the 38,253 square foot lease to EoS Fitness at the southeast corner of Ray Road and Rural Road in Chandler, Arizona.The
Banana Republic, LLC a brand of Gap Inc. will open a 5,500 square foot store at the Shops at Town & Country which is located at the southeast corner of Camelback Road and 20th Street Street in Phoenix on November 6th. Velocity Retail Group’s Dave Cheatham, Darren Pitts & Bonnie
Velocity Retail Group announces two industry veterans have joined the firm's Investment Advisory Group. Greg Abbott, Vice President, formerly with CBRE has 27 years of Metro Phoenix retail real estate industry experience. Mike Duffy, Vice President, most recently with ORION Investment Real Estate has 25 years of experience. Working in
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:
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
