Press Release

Nov 2017

Velocity Retail Helps Old Navy and Athleta Expand in Arizona

2018-02-27T14:50:20-07:00

Velocity Retail Group recently finalized two separate transactions with Old Navy and Athleta, which are part of Gap, Inc. Brands.  Dave Cheatham, President and Darren Pitts, Executive Vice President for the firm have represented this retailer for over two decades in the Arizona Market. Athleta currently has over 130 stores across the

Velocity Retail Helps Old Navy and Athleta Expand in Arizona2018-02-27T14:50:20-07:00

Heather Prinsloo Promoted to Associate

2021-03-02T12:01:36-07:00

Velocity Retail Group recently promoted Heather Prinsloo to Associate, Marketing Coordinator for their Corporate Services Division.  She started with the company in August of 2015. This new role will expand Heather’s client services responsibilities by working closely with Dave Cheatham and Darren Pitts and providing support for our key-client accounts and making certain that crucial

Heather Prinsloo Promoted to Associate2021-03-02T12:01:36-07:00

Oct 2017

Velocity Retail Group Broadens Investment Division with Eli Castronova

2021-03-09T11:35:51-07:00

Velocity Retail Group welcomes Eli Castronova to the organization as a Senior Vice President for Investments & Capital Markets. His nearly two decades of extensive experience and accomplishments within the investment arena, successfully securing debt and equity financing for a variety of projects, and development services compliment the current offerings within Velocity Retail. Eli’s

Velocity Retail Group Broadens Investment Division with Eli Castronova2021-03-09T11:35:51-07:00

Vacant Fry’s Grocery in Phoenix Leased to Marshalls & Michaels

2021-03-16T09:21:55-07:00

Velocity Retail Group has leased a vacant Fry’s Food & Drug store at the southeast corner of Bell Road and 7th Street.  The Fry’s expanded and relocated further east along Bell Road earlier this year.  The 48,000 square foot vacant big box will be split to accommodate two national retailers.  Marshalls will occupy 23,475 square feet

Vacant Fry’s Grocery in Phoenix Leased to Marshalls & Michaels2021-03-16T09:21:55-07:00

Jul 2017

At Home to Open 108,000 SF Store in Gilbert, Arizona

2021-03-02T12:12:21-07:00

Velocity Retail Group’s Darren Pitts represented At Home in the purchase of 8.54 acres in the San Tan Pavilions shopping center located at the southwest corner of Williams Field Road and San Tan Village Parkway in Gilbert, Arizona.  The seller of the property was San Tan AZ, LLC, an entity controlled by Intercapital Development, Inc. based

At Home to Open 108,000 SF Store in Gilbert, Arizona2021-03-02T12:12:21-07:00

May 2017

Hobby Lobby to Open at Scottsdale 101

2021-12-23T10:27:32-07:00

Velocity Retail Group’s Dave Cheatham represented Hobby Lobby Stores, in a lease at the Scottsdale 101 shopping center located at the northwest corner of Mayo Boulevard and Scottsdale Road.  The 57,500 square foot store is expected to open in the first quarter of 2018. The store will be adjacent to a newly designed Ashley

Hobby Lobby to Open at Scottsdale 1012021-12-23T10:27:32-07:00

Dec 2016

Amazon Shakes Up the Grocery Industry

2021-03-02T12:23:46-07:00

Amazon has shaken the grocery food segment this week with the announcement that they intend to open 2000 Amazon Go grocery stores. Each store will be in the 2000-3000sf size range. When Amazon combines their Alexa (warehouse ordering) and opening 2000 brick and mortar stores, they meet the needs of a large portion of

Amazon Shakes Up the Grocery Industry2021-03-02T12:23:46-07:00