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…
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 Aaron Hodgdon of Hodgdon Group Realty represented Ashley…
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 for getting results in successfully…
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 partnership with Orion Investment Real…
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 is a joint venture between…
Ashley HomeStore has closed escrow on 3.2 acres land at the southwest corner of Williams Field Road and San Tan Village Parkway in Gilbert, Arizona. Ashley will construct a new prototypical HomeStore of approximately 38,000 square feet on the parcel. This will be the 14th Ashley HomeStore in Arizona. Darren Pitts of Velocity Retail Group…
Darren Pitts of Velocity Retail Group and Bob Crum of Ross Brown Partners represented the Seller in a multi-property investment sale that included four individual La-Z-Boy Showrooms throughout Arizona. The Seller was Edward O. Breunig, III an independent dealer whose company EBCO, Inc. built the largest volume licensee stores within the entire La-Z-Boy network over…
Brian Gast of Velocity Retail Group represented the Tenant, Central Christian Church in a 17,200 square foot least in Royal Palms Plaza located at the southeast corner of Elliot Road and McClintock Road in Tempe, Arizona. The Landlord was Michael Pollack of Pollack Investments, Mesa, Arizona The church signed a ten-year lease in the…
Darren Pitts, Brian Gast and Brad Ranly of Velocity Retail Group represented the Landlord, C & H Development Company in a 14,412 square foot lease at Scottsdale Commons shopping center located at the southwest corner of Shea Boulevard and Scottsdale Road. Kitchen United, Inc. will be occupying the vacant space adjacent to BevMo. The tenant…
Brian Gast has been promoted to Executive Vice President and Principal at Velocity Retail Group. Brian started with Velocity Retail in 2014 and has been one of the top performers every year since he joined the firm. For 2018, he achieved the status of a million dollar producer for the second consecutive year. “Brian continues…