Tenant Representation

Aug 2023

The Rise of Ethnic Grocery Stores in Arizona’s Diverse Culinary Landscape

2023-08-30T15:46:02-07:00

Arizona's culinary landscape reflects its diverse population, and in recent years, there has been a remarkable surge in the demand for ethnic foods, leading to the introduction of a variety ethnic grocery stores across the state. According to a comprehensive study conducted by the Arizona Commerce Authority, the number of ethnic food markets in

The Rise of Ethnic Grocery Stores in Arizona’s Diverse Culinary Landscape2023-08-30T15:46:02-07:00

Hobby Lobby Opens New Store in Goodyear, Arizona!

2023-08-22T10:03:51-07:00

Located at the Goodyear Centerpointe mall at 15305 W McDowell Road in Goodyear, Arizona the 17th Hobby Lobby in Arizona opened it's doors this past weekend! Hobby Lobby is one of the top 5 most requested retailers by the residents of Goodyear. The store spans 64,589 square feet and is stocked with thousands of

Hobby Lobby Opens New Store in Goodyear, Arizona!2023-08-22T10:03:51-07:00

May 2023

Who’s paying for the improvements?

2023-05-05T11:47:45-07:00

The same question comes up regarding tenant improvements allowance.  How does the Landlord calculate the capital / tenant improvement?  Improvement allowances are calculated into the lease rate and term. Amortizing capital costs into a lease involves spreading out the cost of an asset over the term of a lease. This is typically done by

Who’s paying for the improvements?2023-05-05T11:47:45-07:00

Feb 2023

Old Navy Opens Store in Nogales, Arizona

2023-02-09T13:45:02-07:00

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

Old Navy Opens Store in Nogales, Arizona2023-02-09T13:45:02-07:00

Nov 2020

Lure Fish House Opens 1st Arizona Location in Scottsdale

2021-12-17T15:05:17-07:00

Southern California based Lure Fish House is expanding to the State of Arizona with their first location in the popular Shops at Gainey Village. Velocity Retail Group’s Darren Pitts, Morgan Danhoff and Bret Olson are representing the tenant for their market launch. This is the fifth location for the popular restaurant. Lure Fish House

Lure Fish House Opens 1st Arizona Location in Scottsdale2021-12-17T15:05:17-07:00

ALDI to Open 2 Highly Anticipated Stores in Metro Phoenix

2021-12-17T15:06:24-07:00

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

ALDI to Open 2 Highly Anticipated Stores in Metro Phoenix2021-12-17T15:06:24-07:00

Oct 2020

Caliber Collision to Roll Out New Locations in Arizona

2021-12-17T15:06:50-07:00

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

Caliber Collision to Roll Out New Locations in Arizona2021-12-17T15:06:50-07:00

Aug 2020

American Furniture Warehouse Opens New Store in Katy, TX

2021-12-17T15:07:52-07:00

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

American Furniture Warehouse Opens New Store in Katy, TX2021-12-17T15:07:52-07:00

Jan 2020

Velocity Retail Group Represents At Home in First Tucson Arizona Store

2021-12-17T15:09:56-07:00

Velocity Retail Group’s Darren Pitts, Executive Vice President, and Morgan Danhoff, Associate Vice President represented At Home (NYSE: HOME) in the 104,684 square foot lease in the former Target location at 5255 E. Broadway Blvd., in Tucson Arizona.  At Home is holding their grand opening on January 29, 2020. “The store is located along the

Velocity Retail Group Represents At Home in First Tucson Arizona Store2021-12-17T15:09:56-07:00

Nov 2019

Banana Republic Grand Opening – Biltmore Location

2019-11-06T08:03:59-07:00

Banana Republic, LLC a brand of Gap Inc. will open a 5,500 square foot store at the Shops at Town & Country which is located at the southeast corner of Camelback Road and 20th Street Street in Phoenix on November 6th.  Velocity Retail Group’s Dave Cheatham, Darren Pitts & Bonnie

Banana Republic Grand Opening – Biltmore Location2019-11-06T08:03:59-07:00