The Phoenix area is awash with a new breed of car washes as the industry is experiencing a transformational change from the traditional model to the value-oriented express car wash.…
It is not only the weather that is hot in Phoenix. Shopping center outparcels, also known as “pads” are sizzling hot. Presently there are nearly 200 outparcel properties under construction…
The Phoenix retail big box market continues to hold back real improvement in shopping center vacancy. In the year-end 2015 National CoStar Retail Report, Phoenix ranked as having one of…
Amazon recently launched a service in Phoenix that will bring shopping to a new level. Just as Amazon lead the way a few years ago with their Prime Service which…
The retail land market in the Phoenix area is waking up from its nearly seven year dormancy. While sales and development for retail pads and in-fill parcels has been at…
Halfway through 2015 brings good news on the Phoenix retail front with vacancy and absorption continuing to improve. Current vacancy in Phoenix has reached single-digits for the first time in…
The Phoenix commercial retail market continues to improve in vacancy and increased leasing activity. Vacancy rates, once hovering near 14% have now dropped to 10.6% through the 2nd quarter of…
The 2014 ICSC event in Las Vegas has successfully wrapped up, and initial reports are that the retail industry is poised for continued expansion. The attendance was up from last…
For years Velocity has invested in cutting-edge technologies to service our clients and help them stay in front of the competition. Velocity is already known for delivering high-quality photography and…
Over the past two years, the Phoenix retail real estate market continues to improve with lowered vacancy rates and strong absorption. The one area that persists as a cause for…
