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
Velocity Retail Group’s Brian Gast, Senior Vice President represented the buyer in the $8.3MM investment sale of Mountain View Marketplace, located at 3131 E. Thunderbird Road in Phoenix. Fortis Development, LLC of Arizona purchased the center which totals approximately 172,000 square feet. The Seller was Mountain View Shopping Plaza, L.P. a California
Velocity Retail Group’s Brian Gast, Senior Vice President represented the landlord, DTL-SGW, LLC in negotiating a 23,586 square foot Michaels Store in a former Best Buy, located at 1628 S. Signal Butte Road in Mesa, Arizona. “Superstition Gateway is situated at Signal Butte and the U.S. 60 and is perfectly positioned
Velocity Retail Group’s Brian Gast, Senior Vice President represented the landlord, Fortis Development in negotiating a 55,000 square foot VASA Fitness in a former Safeway grocery store at 3131 E. Thunderbird Road in Phoenix. Russ Posorske, founder of Fortis Development commented on the transaction, “The Safeway center was put on the market when
Wadsworth Development Group in partnership with Accelerated Development Services held a ribbon cutting and grand opening ceremony today at The Crossing at Sahuarita Shopping Center in Sahuarita, Arizona. The 150,000 center boasts a Sprouts Farmers Market, TJ Maxx, PetSmart, Beall’s Outlet, and several restaurants and shops to compliment the diverse
Velocity Retail Group recently finalized a lease on behalf of Old Navy at Superstition Gateway shopping center in Mesa. Dave Cheatham, President and Darren Pitts, Executive Vice President represented Old Navy in the transaction. Brian Gast, Senior Vice President represented the Landlord, DTL-SGW, LLC and DTR1C-SGW, LLC. This will be the 19th
Velocity Retail Group recently completed over 30 transactions totaling nearly 1 million square feet of retail space, land and big boxes. Following are a few highlights of some of the activity: Velocity recently completed its 3rd new location for Kay Jewelers in Arizona. Dave Cheatham, Darren Pitts and Morgan Danhoff represent
Velocity Retail Group’s Brian Gast has leased a 37,343 square foot vacant big box to Lina Home Furnishings. This will be the 4th location in the Valley for this successful furniture chain. The store is located at the southwest corner of Ray Road and 48th Street in the Ahwatukee Foothills Towne Center in Phoenix,
Velocity Retail Group has sold a vacant Fry’s Food & Drug store at the southwest corner of Apache Trail and Idaho in Apache Junction. Fry’s recently expanded and relocated to the northeast corner of the same intersection with a new Marketplace concept. The 62,602 square foot vacant big box was purchased by Simon
Velocity Retail Group has announced that Brad Ranly has been hired to launch their Land Practice Group effective immediately. Ranly previously worked with Land Advisors Organization and most recently, Marcus & Millichap where he focused on site selection services for commercial land. His experience in working with development companies, investors, the public sector and medical
