velocity retail Archives

Blaze Pizza comes to Tempe thanks to SimonCRE

Blaze Pizza

Commercial real estate developer SimonCRE purchased a +/-3,300 SF freestanding retail building in the heart of the ASU trade area and will begin renovations immediately for Tempe’s newest chain, Blaze Pizza, set to open in the spring. The building, located at 105 W. University, sits just west of the intersection of Mill Avenue and University… 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 →

Velocity Retail announces recent transactions

by in AZRE Magazine | Brokerage | In The Spotlight

Larry Miller and John Jackson of Velocity Retail represented Irvine Asset Group in the purchase of 31,193 SF at the 3668 W. Anthem Way, Anthem, AZ. The seller, DPC Development Co., was represented by Ryan Schubert of Cassidy Turley-BRE. The purchase represents Irvine Asset Group’s first retail deal in Phoenix. Velocity Retail Group’s Darren Pitts,… Read More →

Velocity Retail announces recent transactions

Park West, Velocity Retail, WEB
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 →

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 →

Phoenix retail is poised for progress

PowerPoint Presentation

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 →

Dollar Tree Opens Anthem Location

Anthem Eastside Shops
by in AZRE Magazine | Brokerage | Featured

Velocity Retail Group, LLC announces that Dollar Tree has finalized a seven-year lease for a 9,145 SF store at Anthem Eastside Shops at the NWC of Anthem Way and Venture Drive. Larry Miller and John Jackson of Velocity Retail Group represented the Landlord, DPC Development Company in the transaction. The tenant was represented by Kurt… 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 →

Velocity Retail Releases Recent Transactions List

SECGreenfieldandMcKellips_VRGMediaLab
by in Business News

Velocity Retail Group, LLC completed eight transactions in January including two big box deals. The new stores will be located in California, Phoenix, Yuma and Tucson. A summary of each transaction follows: Andy Kroot of Velocity Retail Group represented Goodwill Industries of Central Arizona in a 15-year lease of 20,000 square feet at Fortuna Commons… Read More →

Velocity Retail Releases December Transaction List

Plaza Del Sol
by in Brokerage | Business News

Velocity Retail Group, LLC completed 10 transactions in December. A summary of each transaction follows: Velocity Retail Group’s Dave Cheatham and Darren Pitts negotiated a lease with Fallas Discount Stores for 24,390 square foot space at Plaza del Sol shopping center at the southeast corner of Indian School Road and 33rd Avenue in Phoenix. The… Read More →

Velocity Retail Negotiates First Mattress Firm Supercenter for Arizona

Mattress Firm, Velocity Retail
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

VelocityRetail_MattressFirm_SonoraVillage
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 →

Phil Kwiecinski Joins Velocity Retail

Phil Kwiecinski, Velocity
by in Newsmakers

Velocity Retail Group announces that Phil Kwiecinski has joined the firm as Director of Operations and for its affiliated development services company Accelerated Development Services. Kwiecinski, brings his vast experience as a 10-year veteran of CBRE’s Phoenix office where he was the Senior Operations Manager and most recently the Regional Operations Manager for the states… Read More →