Mattress Firm Archives

Velocity Retail Group completes high-profile deals

Following is a summary of recent retail transactions completed by Velocity Retail Group, LLC. Goodwill to Replace Former Safeway at 39th Ave. and Pinnacle Peak Velocity Retail Group’s Andy Kroot represented Goodwill of Central Arizona in the lease of a space at the northeast corner of 39th Ave. and Pinnacle Peak Rd. in north Phoenix.… Read More →

Ground breaks on 386,100 SF industrial project in Tolleson

Sun State Builders has broken ground on the First Industrial project in Tolleson, AZ. The 386,100-square foot cross dock distribution facility situated on 21.2 Acres will be complete by December of this year and will serve as the new home of Mattress Firm and other tenants. The Class A building will offer 36-feet clear height, K-25 ESFR,… Read More →

Velocity Retail recent August transactions

The following is a summary of recent retail transactions completed by Velocity Retail Group, LLC. Anytime Fitness opening in northeast Phoenix Michael Clark, Larry Miller and John Jackson from Velocity Retail represented the landlord, Scottsdale Land Company, LLC, an entity of Wadsworth Development, in the 5,955 square foot 10-year transaction at the northeast corner of Thunderbird… Read More →

Velocity Retail Group May transactions

Following is a summary of recent retail transactions completed by Velocity Retail Group, LLC. Andy Kroot of Velocity Retail Group represented Goodwill of Central Arizona in the purchase of 82,106 square feet of land for a new commercial maintenance facility. The lot, which was purchased from Satnam, LLC, is located just east of central Phoenix… Read More →

Mattress Firm to open in new Tolleson building

Colliers International in Greater Phoenix recently completed the sale of 21.2 acres of land in Tolleson, where a 386,100-square foot cross dock distribution building is to be completed by December of this year. First Industrial Realty Trust Inc., a Chicago-based publically-traded REIT, purchased the land and teamed up with Merit Partners Inc. of Phoenix to… Read More →

Velocity Retail releases recent transaction list

Velocity Retail Group, LLC has released a summary of their recent retail transactions including: Velocity Retail Group’s Darren Pitts, Michael Clark and John Jackson sold a 50,684 square foot former Fry’s grocery store located at 825 W. University Drive in Mesa, Arizona.  The building was sold to Geyser Management, LLC for $950,000, who is putting… Read More →

Mattress Firm commits $1 million to TGen research

Throughout November, the largest U.S. retailer of mattresses, Mattress Firm, hopes to raise visibility around the nation’s fourth leading cause of cancer death as it recognizes National Pancreatic Cancer Awareness Month and makes a commitment to raise $1 million through the Mattress Firm Foundation. These funds will directly impact research at the Translational Genomics Research… 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 Negotiates First Mattress Firm Supercenter for Arizona

by in Brokerage | Business News | In The Spotlight

The first Arizona, large-format Mattress Firm is coming to Scottsdale in the first quarter of 2014. The 23,958 square foot outlet store will be one of the largest Mattress Firm Supercenters in the country, and will offer buyers a huge selection of mattress choices at outlet prices. Typically seeking stores between 3,500 and 5,000 square… Read More →

Velocity Retail Releases Recent Transaction List

by in Brokerage

Velocity Retail Group, LLC completed transactions totaling nearly 250,000 SF. A summary of each transaction follows:   Velocity Retail Group’s Darren Pitts and Michael Clark negotiated a lease with Mattress Firm for 23,958 square foot space at Sonora Village located on the southwest corner of Frank Lloyd Wright and Loop 101 in Scottsdale. The landlord… Read More →

The Shops at Prescott Gateway Sold by Cassidy Turley

by in Brokerage | Business News | In The Spotlight

Cassidy Turley sold The Shops at Prescott Gateway, a ±34,671 SF shopping center adjacent to Prescott Gateway Mall, on the SWC of Highway 69 and Lee Boulevard in Prescott. Cole Real Estate Investments, Inc. purchased the property for $12.77M from RED Development. Cassidy Turley’s Ryan Schubert and Michael Hackett represented RED Development during the sale… Read More →

Yankees’ GM supports TGen Research

A top official of the New York Yankees whose father passed from pancreatic cancer has joined a prestigious national panel organized by the Translational Genomics Research Institute (TGen) to fight this aggressive disease. Brian Cashman, Senior Vice President and General Manager of the vaunted Yankees Major League Baseball franchise, has joined TGen’s National Advisory Council… Read More →

Benenson Capital Partners Signs Major Tenants To More Than 90,000 SF In Tucson

Benenson Capital - Retail Leasing
by in Brokerage | Business News

Benenson Capital Partners signed a string of major tenants to a total of 90,450 SF at its retail property located at the NEC of Broadway Blvd. and Craycroft Rd. in Tucson, Richard A. Kessler, COO of Benenson Capital Partners, announced. Nancy McClure of CBRE’s Tucson office represented the landlord, East Broadway Tucson Co. LLC (Benenson… Read More →