Category Archives: Expanding

tenants or other retailers who are expanding – perhaps into Phoenix, or perhaps nationally.

Velocity Retail Group Announces Baby Town as a New Tenant to Gilbert, Arizona

Tweet Velocity Retail Group’s Judi Butterworth recently negotiated a 28,000 square foot lease with Baby Town, LLC for the Crossroads Towne Center at the southeast corner of the Loop 202 and Gilbert Road in Gilbert, Arizona. This will be Baby Town’s first store.  Five years ago, the owners, Ocean and Tracy Zhang sold costumes from...

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Velocity Retail Chosen by Wienerschnitzel for Arizona Expansion

Tweet Wienerschnitzel has engaged Velocity Retail Group to assist in their expansion in the Arizona marketplace.  Darren Pitts, Executive Vice President for Velocity is leading the team that will execute the market strategy, “We are looking forward to working with Wienerschnitzel on this assignment.  The company has maintained a strong brand with a long-standing operating...

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Velocity Retail Leases Gilbert Arizona Big Box to Family Entertainment Venue

Tweet A vacant 48,573 square foot Basha’s store at the southwest corner of Queen Creek and Val Vista Drive Drive in Gilbert could have become just another statistic in the Phoenix metropolitan area big box scene.  With over 275 vacant big boxes, it would have blended into the mix.  However, with some creative solutions, and...

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Velocity Retail Group’s December Transactions

Tweet Press Release Phoenix, Arizona – January 10, 2013.  Velocity Retail Group, LLC completed 11 transactions during the month of December totaling 300,000 square feet. A summary of each transaction follows: SKB Companies sold a 62,610 square foot former Albertson’s grocery store for $1.050 million located at the southeast corner of Main and Dobson in...

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Year-End Phoenix Retail Thoughts

Tweet Velocity Retail’s own Judi Butterworth was interviewed recently by Catherine Reagor, columnist for The Republic.  Several topics were covered relating to what retailers are active now, to changing shopping trends, to when the next regional mall was coming on line. Butterworth noted a trend in neighborhood centers to have more service oriented shop tenants...

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