Andy Kroot Archives

WSS Footwear retailer expands footprint in Phoenix

Mesa Store Opening 3
by in AZRE Magazine | New to Market | Retail

Velocity Retail Group’s Darren Pitts and Andy Kroot represented WSS Footwear, an urban specialty footwear retailer, in their Arizona expansion this month with one new store opening in Mesa and two stores opening in Phoenix. Each of the stores range in size from 10,000 – 12,000 square feet. “WSS is continuing its corporate growth plan to… Read More →

Sale of Starbucks at SWC of Scottsdale & McKellips negotiated

Final Front View
by in AZRE Magazine | Brokerage | In The Spotlight

Andy Kroot with Velocity Retail Group, LLC sold the single tenant Starbucks store located at the SWC of Scottsdale and McKellips – 1926 North Scottsdale Rd, Tempe AZ. Andy Kroot, Principal of Velocity Retail Group represented the Seller in the transaction and Jon Stansbury of DTZ represented the Buyer. The ownership – SWC Scottsdale & McKellips,… Read More →

Krispy Kreme signs lease in Avondale, along I-10

Krispy Kreme, WEB
by in AZRE Magazine | Brokerage | In The Spotlight

Krispy Kreme Doughnuts has leased the former Long John Silver’s / A&W building at the SEC of I-10 and Dysart in Avondale, Ariz. Andy Kroot of Velocity Retail Group, LLC represented the Tenant – Hot Glazed Enchantment, Inc., a New Mexico corporation and Jennifer Eggert of ZELL Commercial Real Estate Services represented the landlord. The building was +/-2,741 SF… Read More →

Goodwill to open new stores other Velocity Retail transactions

Moon Valley Towne Center
by in AZRE Magazine | Brokerage | Featured | In The Spotlight

In August, Velocity Retail Group, LLC completed 18 deals totaling nearly 300,000 square feet spanning from Texas to Arizona, Utah and Oregon.  Below is a summary of those transactions.   Ahwatukee will soon have a new 22,565 square foot store for Goodwill Industries of Central Arizona.  The retailer will be opening in the Foothills Shopping… Read More →

Pizza85 leases two more store locations, celebrates grand openings

Rendering of Pizza Five85's Chandler location. Courtesy of Velocity Retail.
by in AZRE Magazine | Brokerage | In The Spotlight

Andy Kroot announced that Pizza Five85 will be opening two new locations in the Phoenix area in August/early September with two more stores on the horizon. Kroot, principal at Velocity Retail represented Pizza Five85 in its leasing of its two new locations. “I am looking forward to continuing to help Pizza Five85 locate and open… Read More →

Velocity Retail Group reports recent transactions

Velocity Retail, WEB
by in AZRE Magazine | Brokerage

Below is a summary of Velocity Retail Group, LLC recently completed transactions: Goodwill Industries will be opening a new retail store at the southwest corner of Arizona Avenue and Riggs Road in Candler, Ariz.  Andy Kroot of Velocity Retail Group negotiated the ten-year lease of 27,600 SF on behalf of the tenant. The landlord, Greenway… Read More →

Velocity Retail Group Releases Recent Transactions List

Gold's Gym
by in AZRE Magazine | Brokerage

Velocity Retail Group, LLC completed eleven transactions in February including a large industrial transaction on behalf of one of their tenants and two locations for a new restaurant concept to the Arizona market. A summary of each transaction follows: Darren Pitts of Velocity Retail Group and Bob Crum of Ross Brown Partners negotiated a five-year… Read More →

Andy Kroot Negotiates New Leases for Pizza Five85

Rendering of Pizza Five85's Chandler location. Courtesy of Velocity Retail.
by in AZRE Magazine | Brokerage

Andy Kroot, Principal at Velocity Retail Group, LLC announced Wednesday that Pizza Five85 has signed two new leases in February and will be entering the Phoenix market this year. “I am looking forward to continuing to help Pizza Five85 locate and open new locations all over the Valley; they have a great concept that Arizona… Read More →