AUGUST 30, 2019 Ashley HomeStore is celebrating their grand opening of a newly constructed 38,000 square foot store at the southwest corner of Williams Field Road and San Tan Village Parkway in Gilbert, Arizona. This will be the 14th Ashley HomeStore in Arizona. Darren Pitts of Velocity Retail Group and
Commercial retail veteran Rick Francis has joined Velocity Retail Group as a Vice President for the firm. As a top producer in the retail arena, Rick has a deep background that is focused on servicing the needs of retail shopping center owners, retailers and investors. He has established a reputation
Velocity Retail Group Investment Division completed the $2,200,000 NNN investment sale of a 2,400 square foot Starbucks store at The Crossing at Sahuarita shopping center south of Tucson, Arizona. The building is located at 18729 S Nogales Highway in Sahuarita, Arizona and recently opened for business in April of 2019. Velocity
Old Navy recently opened their 22nd store in Arizona at Queen Creek Marketplace shopping center located at the southwest corner of Rittenhouse Road and Ellsworth Road in Queen Creek. The new store is adjacent to Target. Dave Cheatham, President, Darren Pitts, Executive Vice President, and Bonnie Arlia, Senior Vice President
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
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
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
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
Velocity Retail Group held a company trip to Lees Ferry in far northern Arizona to learn the fine art of fly fishing. Lees Ferry is located at the crown of the Grand Canyon near Page, Arizona, near the Utah border. The adventurers drove through some of the most beautiful parts
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
