Velocity Retail Group announced that Greg Coxon has been appointed Chief Operating Officer of the firm and its affiliated development services company Accelerated Development Services.
Coxon is a seasoned real estate executive who most recently was the President of Brokerage Services for Grubb & Ellis, and then transitioned that role to Executive Vice President and Regional Manager for Newmark Grubb Knight Frank during the recent purchase in 2012.
Prior to that he was the Senior Managing Director at CBRE for the Phoenix office. While with the Phoenix office, Coxon was awarded Manager of the Year, and was the Founding Manager for various specialty practice groups including, Hospitality, Land, Economic Incentives and Property Tax Appeal.
“Greg is a long-time colleague and friend,” said Dave Cheatham, President and Managing Principal. “His capabilities are a perfect match to help our company capitalize on the improving real estate market while enhancing the services we offer across all of our business platforms. We are very pleased to be working together again.”
The newly-created position will provide the companies with additional expertise to manage the day to day operations for brokerage, development and their asset management businesses. Coxon’s focus will be to grow these service platforms and business development programs, and enrich the service offerings to their clients.
“I am delighted to reunite with many Velocity Retail associates with whom who I share a rich history as friends and former business associates, and look forward to exploring new relationships with other professionals in the firm,” Coxon said.
“Any services business is dependent of the quality an ability of it people and their ability to deliver on client needs, solutions and business objectives. The Velocity team is filled with bright and creative professionals who a committed to achieving exactly that.”
“I have spent the majority of my career at larger firms developing leaders and managers, nurturing client relationships, while also coaching real estate professionals and client teams for better results. It will be fun and rewarding to apply those skills and experiences within a more entrepreneurial organization and environment.”
“Having someone with Greg’s experience, integrity, and high level of respect in the industry rounds out our company’s team to amplify our client service level and strengthen offerings to our clients,” said Andy Kroot, Principal with Velocity.
The core group at Velocity Retail was formerly with CBRE until April 2005 and has worked together for many years. Coxon’s expertise in managing multiple offices and platforms is finely honed and was put to the test during the integration of Grubb & Ellis to Newmark Grubb Knight Frank. Coxon was responsible for the firm’s strategic shift into a practice-group based client servicing model.