Darren Pitts, Executive Vice President of Velocity Retail Group represented Life Time Athletic in an 80,000 square foot lease at Biltmore Fashion Park at Camelback Road and 24th Street in Phoenix, Arizona. The club is expected to open in the fall of 2019. It is currently under construction on the east
Darren Pitts, Executive Vice President at Velocity Retail Group and Dave Cheatham, President at Velocity finalized the 23,975 square foot lease for Goodwill at the southeast corner of Ray and Rural Roads in Chandler. This transaction represents another big box leased by the Velocity Retail team. The space was a
It has been a long ten years, but the vacancy rate for the Phoenix retail market has returned to levels not recorded since 2008. As of the second quarter 2018 the vacancy rate is 7.8%. Compared to 2008 when the vacancy was 7.9%. This improvement is remarkable as our market still
Dave Cheatham, President, Darren Pitts, Executive Vice President and Bonnie Arlia, Senior Vice President of Velocity Retail Group recently finalized a lease of 12,500 square feet on behalf of Old Navy. The new store will be located in the Queen Creek Marketplace shopping center located at the southwest corner of Rittenhouse
