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 is pleased to announce the grand opening of American Furniture Warehouse at Christown Spectrum Mall located at 1755 West Bethany Home Road in Phoenix, Arizona. Velocity Retail Group’s Darren Pitts represented American Furniture Warehouse which is based in Englewood, Colorado in the 149,609 square foot lease. The landlord, Christown 1755, LLC, an…
The 2021 Best of NAIOP awards ceremony honors the past year’s most successful people, companies and projects within the Arizona commercial real estate industry. Over 1,000 commercial real estate professionals attended the event at the Arizona Biltmore on June 9th. Velocity Retail Group’s Dave Cheatham and Darren Pitts received the Retail Broker of the Year…
If you live in the Phoenix area, mark your calendars for November 5th. Nearly four years after Velocity Retail Group started working with ALDI on their Arizona market expansion, the first stores will open. The much-loved grocery chain will soon be serving customers in the highly competitive grocery sector with its first two stores in…
Caliber Collision to Roll Out New Locations in Arizona Velocity Retail Group has been selected by Caliber Collision to expand their retail platform throughout the Arizona market. With over 1,100 state-of-the-art repair centers in 37 states, Caliber Collision is the nation’s large collision repair company. The company was founded in 1997 and prides itself on…
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 Ranly,…
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 and…
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 licensee…