Dave Cheatham Archives

Meet AZRE Forum panelist: Dave Cheatham

Dave Cheatham
by in AZRE Magazine

The AZRE Forum will be held on Aug. 3 at the Camby and Dave Cheatham, president of Velocity Retail Group, will sit on one of the three feature panels. The first two panels will focus on the multifamily, retail, office and industrial commercial real estate sectors in Arizona. The final panel will give an update on the state of… Read More →

We’ll see you at the AZRE Forum, Aug. 3

AZRE Forum
by in AZRE Magazine

With more than half of 2017 behind us, it’s time for AZRE’s commercial real estate mid-year market update and forecast, AZRE Forum. The forum will be held at the Camby, along the Camelback Corridor, on Thursday, Aug. 3 from 3:30 p.m. to 6 p.m. Tickets can be purchased directly online. Three panels at the AZRE… Read More →

Old Navy coming to Scottsdale Promenade

Old Navy
by in AZRE Magazine | Retail

Velocity Retail Group’s Darren Pitts and Dave Cheatham represented Old Navy (a division of Gap, Inc.), in a lease at the Scottsdale Promenade shopping center located at the southeast corner of Frank Lloyd Wright Boulevard and Scottsdale Road. The 11,008-square-foot store celebrated its Grand Opening on November 9, 2016. The shopping center is owned by an… Read More →

Velocity Retail Group promotes Bonnie Arlia to SVP

Bonnie Arlia
by in AZRE Magazine | Newsmakers

Velocity Retail Group, LLC promoted Bonnie Arlia to senior vice president. Arlia is an industry veteran, with decades of experience in the retail commercial real estate arena. “Bonnie is an integral part of our company with proven success and experience in all facets of our business. Our clients count on her to deliver accelerated service during… Read More →

Retail pads are hot in Phoenix

by in AZRE Magazine | Investment | Retail

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 or proposed in the Phoenix metro area, according to CoStar, a leading commercial real estate information source. These proposed projects range in size from 2,500… Read More →

Velocity plans Queen Creek shopping center

A joint venture of Wadsworth Acquisitions, LLC and Accelerated Development Services, a division of Velocity Retail Group, purchased a 14.5 acre parcel located south of the southeast corner of Ellsworth and Rittenhouse Roads in Queen Creek. The site was purchased for $3.1 million. The seller was DVD Heritage Square, LLC of Kansas. The parcel is… Read More →

Development veteran joins Velocity Retail Group

by in AZRE Magazine | Newsmakers

Accelerated Development Services, a division of Velocity Retail Group, has hired Trey Eakin as Senior Vice President of Development Services effective immediately. A 30 year veteran in the retail development arena, Trey’s experience includes acquisitions, oversight, strategic analysis, project management, and lease up of retail and mixed-use projects totaling over $1 billion in value. Accelerated Development… Read More →

ICSC: Surfing the Omni-channel

Downtown Phoenix Shopping

When web-based shopping gained popularity over the last two decades, spearheaded by the likes of Amazon and major retailers’ internet storefronts, the imminent demise of brick-and-mortar establishments seemed likely. War was declared between bricks and clicks. The win-lose conversations are fading into the background as researchers suggest a more symbiotic relationship between the two. Stores… Read More →

The legality of drones in commercial real estate

Equipped with a high-tech camera that takes photos and shoots aerial footage, Unmanned Aerial Vehicles(UAV) might seem appealing to local real estate companies, but the legality of their use remains up in the air when it comes to commercial realty. Motorized aircrafts are traditionally used for leisure activities, but UAVs are increasingly taking flight to… Read More →

Velocity Retail announces recent transactions

by in AZRE Magazine | Brokerage | In The Spotlight

Following is a summary of recent retail transactions completed by Velocity Retail Group, LLC: Popeye’s Louisiana Kitchen was represented by Darren Pitts, Michael Clark, Nick Ault, and Dave Cheatham of Velocity Retail in the acquisition of 2,565 SF at the southwest corner of Central and Dunlap in Phoenix, AZ. The former KFC building was represented… Read More →

Goodwill to open new stores other Velocity Retail transactions

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 →

Velocity Retail Group reports recent transactions

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 →

Phoenix retail is poised for progress

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 2014.  Leasing activity of 2.6 million square feet in 2013 was the strongest recorded since before the Great Recession six years ago.  Additionally, in the… Read More →

ICSC RECon 2014: Retail poised for expansion

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 year with the attendee count reaching close to 40,000. Having experienced the last 5 years of our annual convention during the economic downturn, this year… Read More →