Velocity Retail Group is pleased to announce the grand opening of American Furniture Warehouse at Christown Spectrum Mall located at 1755 West Bethany Home Road in Phoenix, Arizona. Velocity Retail Group’s Darren Pitts represented American Furniture Warehouse which is based in Englewood, Colorado in the 149,609 square foot lease. The landlord, Christown 1755, LLC, an…
DetailsThe 2021 Best of NAIOP awards ceremony honors the past year’s most successful people, companies and projects within the Arizona commercial real estate industry. Over 1,000 commercial real estate professionals attended the event at the Arizona Biltmore on June 9th. Velocity Retail Group’s Dave Cheatham and Darren Pitts received the Retail Broker of the Year…
DetailsVelocity Retail Group (VRG), in partnership with CBRE and Ross Brown Partners, listed and recently brokered the sale of the 35.5 acre former Big Surf Wave Park and Inland Oceans Ice Arena to Overton Moore Properties for over $49 million. The Seller was Inland Oceans, Inc., an entity owned by Marvin and Jerry Rosenbaum of…
DetailsVelocity Retail Group announces that that Devona Haddock has joined as the Director of Property Management, and Designated Broker for the firm’s newly launched company, Velocity Management Services. VMS will work with property owners to maximize property value and investment returns, and with retailers to provide property management solutions for their facilities.
DetailsA property management company providing exceptional service Velocity Retail Group recently launched a full-service property management company named Velocity Management Services. The group will provide an additional level of support for the firm’s existing clients and extend this reach to property owners seeking to engage the new firm as a property management solution in their…
DetailsDarren Pitts, Dave Cheatham and Pat Jones of Velocity Retail Group recently closed the sale of the former Bandera restaurant building located at 3821 North Scottsdale Road in Scottsdale, Arizona. Velocity Retail Group represented the Seller, Phoenix-based Hillstone Restaurant Group. The buyer was FBS Real Estate, LLC who was represented by Charles Skaggs of Western…
DetailsVelocity Retail Group, LLC announces that Tucson-based Bookmans Entertainment Exchange has leased 20,138 square feet, at Northmall Centre, located at 4881 N. Stone Ave., Tucson, Arizona 85704. Brian Harpel Velocity Retail represented Bookmans Entertainment Exchange in the lease. The new location is scheduled to open later this year. Since 1976, Bookmans has become the largest…
DetailsVelocity Retail Group is proud to announce the promotion of Heather Prinsloo to Associate Vice President. Heather has worked at Velocity Retail Group for over 7 years, and started working exclusively with Brian Gast in 2019 and helped launch the Gast Team. Her expertise has expanded to managing transactions, maintaining a hands-on approach to requests…
DetailsDarren Pitts of Velocity Retail Group and Bob Crum of Ross Brown Partners represented the Seller in a two-property sale leaseback of La-Z-Boy Showrooms in Georgia and Tennessee. The Seller is AFG-Alpharetta, LLC and AFG-Knoxville, LLC both Georgia limited liability companies managed by Thomas DeGoey one of the largest volume licensees within the La-Z-Boy network.…
DetailsAt the 2021 Best of NAIOP Awards ceremony Velocity Retail’s Dave Cheatham and Darren Pitts received the Retail Broker Team of the Year. The event honors the year’s most successful projects, companies and individuals within the commercial real estate industry. This is the third year that the duo has earned this distinction which honors outstanding…
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