Press Release

May 2018

The Crossing at Sahuarita Shopping Center Holds Ribbon Cutting Event

2021-03-09T10:23:34-07:00

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

The Crossing at Sahuarita Shopping Center Holds Ribbon Cutting Event2021-03-09T10:23:34-07:00

Apr 2018

Old Navy Expands in East Mesa

2018-05-03T09:01:22-07:00

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

Old Navy Expands in East Mesa2018-05-03T09:01:22-07:00

Velocity Retail Group Recent Transactions

2022-09-12T13:16:23-07:00

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 Recent Transactions2022-09-12T13:16:23-07:00

Feb 2018

Lina Home Furnishings Leases Ahwatukee Big Box

2021-03-02T11:58:18-07:00

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,

Lina Home Furnishings Leases Ahwatukee Big Box2021-03-02T11:58:18-07:00

Fry’s Vacant Big Box Sold in Apache Junction, Arizona

2022-09-12T14:39:18-07:00

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

Fry’s Vacant Big Box Sold in Apache Junction, Arizona2022-09-12T14:39:18-07:00

Jan 2018

Velocity Retail Group Launches Land Practice Group

2022-09-12T14:37:59-07:00

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

Velocity Retail Group Launches Land Practice Group2022-09-12T14:37:59-07:00

Velocity Retail Group Expands with Tucson Office

2022-08-24T08:50:52-07:00

Velocity Retail Group is expanding by opening an office in southern Arizona.  The new Tucson office is located at 6061 E. Grant Road effective January 3, 2018. The office will be lead by Brian Harpel, Senior Vice President and Associate Broker for the new office. This is the second office for Velocity Retail Group which

Velocity Retail Group Expands with Tucson Office2022-08-24T08:50:52-07:00

Dec 2017

Velocity Retail Group’s Investment Division Completes $7.1MM Sale

2021-03-09T10:29:12-07:00

Velocity Retail Group completed the investment sale of a multi-tenant retail building at 7650 West Bell Road in Glendale, Arizona.  The building was a joint venture between Wadsworth Development Group and Accelerated Development Services who purchased and redeveloped the building in 2016.  The building was originally built in 1994 as a Just

Velocity Retail Group’s Investment Division Completes $7.1MM Sale2021-03-09T10:29:12-07:00

NAIOP Arizona Board Elects New Officers and Members for 2018

2021-03-09T10:30:57-07:00

Phoenix, Ariz. (Nov. 30, 2017) - The Arizona chapter of NAIOP, the commercial real estate voice for the state, elected its 2018 officers and board members at its October 19 board meeting. 2018 NAIOP-AZ officers are Chairman of the Board, Andrew Cheney, Lee & Associates Arizona; Vice Chairman, Molly Carson, Ryan Companies US, Inc.;

NAIOP Arizona Board Elects New Officers and Members for 20182021-03-09T10:30:57-07:00

Nov 2017

Velocity Retail Leases Vacant Big Box to Planet Fitness in Surprise, AZ

2021-03-09T10:33:46-07:00

Velocity Retail Group recently finalized another big box transaction in a former Henry’s Market at the southwest corner of Bell Road and Reems Road in Surprise, Arizona. Planet Fitness will occupy the 27,059 square foot space and be the 22nd store in the Arizona market for the chain.  Darren Pitts, Executive Vice

Velocity Retail Leases Vacant Big Box to Planet Fitness in Surprise, AZ2021-03-09T10:33:46-07:00