At 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 achievement in the industry, production, and mentoring others in the business. The team is extremely active in the area of tenant representation and leasing big boxes across the Phoenix metropolitan area.

“Dave and I are honored to receive this award and acknowledge all of the other Broker of the Year recipients who prevailed during a tough overall year for real estate during 2020. We want to acknowledge our talented team who made this accomplishment possible. We are thankful to be surrounded by experienced team members, with decades of experience in the industry who excel at what they do for our clients,” said Darren Pitts, executive vice president.

Dave and Darren began working together in 1996 at CBRE, and in 2005 co-founded the company which now has 24 members and is headquartered in Phoenix, Arizona with an office in Tucson, Velocity Retail Group ( provides a full range of commercial real-estate services including leasing and selling of shopping centers, tenant representation, land advisory, consulting, investment consulting, capital market solutions, development to retail tenants, and redevelopment to owners of retail real estate throughout the West. Velocity Retail Group is a member of X Team Retail Advisors a platform of 400 retail professionals in 40 offices nationwide. For more information,