This year, we have the privilege of celebrating a remarkable milestone: Bonnie Arlia‘s 25th anniversary with Velocity Retail Group. Since joining us in 2000, Bonnie has been an invaluable leader, partner, and resource to our clients and team. Her deep expertise in transaction management, market planning, tenant representation, real estate strategy, and leadership has made…
Velocity Retail Group is pleased to announce that Old Navy opened a 15,209 square foot location at Mariposa Mall in Nogales, Arizona. The new store opened on February 4th and is stocked with the full line of offerings for ladies, men, and children. Dave Cheatham, Darren Pitts and Bonnie Arlia from Velocity Retail Group represented…
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 Arlia…
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 Irvington…
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 slated…
A property management company providing exceptional service Velocity Retail Group recently launched a full-service property management company named Velocity Management Services. The group will provide an additional level of support for the firm’s existing clients and extend this reach to property owners seeking to engage the new firm as a property management solution in their…
Darren Pitts, Dave Cheatham and Pat Jones of Velocity Retail Group recently closed the sale of the former Bandera restaurant building located at 3821 North Scottsdale Road in Scottsdale, Arizona. Velocity Retail Group represented the Seller, Phoenix-based Hillstone Restaurant Group. The buyer was FBS Real Estate, LLC who was represented by Charles Skaggs of Western…
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 of Velocity Retail Group finalized…
Velocity Retail Group produced and hosted an educational event for NAIOP Arizona Chapter members and guests to provide an overview of the retail real estate market in Phoenix. Darren Pitts, Executive Vice President and Board Member for NAIOP Arizona moderated the event. Darren is the first retail-focused Board member for NAIOP Arizona. Darren commented after…
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 side of the mall.…