Ron Ault Joins Velocity Retail Group

Veteran commercial real estate broker Ron Ault has joined Velocity Retail Group as a Senior Vice President effective February 20, 2012.  His focus will be to lead Velocity Retail’s Investment Advisory Division, which specializes in the sale of shopping centers and single-tenant retail buildings.

With over 25 years in the business, Ron has extensive experience in the retail brokerage field.  He is adept in the development process with a thorough knowledge of the shopping center industry.  He has worked directly with the development of over fifty shopping centers throughout the Phoenix and Tucson area in all aspects including design, construction, lease up, and the eventual sale of the asset.

“Ron and our core team have a long history together,” said Dave Cheatham, Managing Principal of Velocity Retail Group.  “This market demands knowledge as well as creativity.  Ron is able to tap his broad base of skills in order to increase the competitive advantage for our clients.  His ability to reposition a shopping center to maximize its value in this extremely competitive market is key,” he added.

Ron previously worked with the Principals at Velocity Retail Group while they were at CBRE in the 1980’s and 1990’s. “Velocity Retail has a diverse and dynamic group of experienced professionals who have a tremendous reputation in the business.  It is impressive that even during one of the worst recessions on record that this group continues to produce at very high levels for their clients, including completing all the top five retail deals done in 2011.  I am looking forward to joining the organization and working with them once again,” said Ault.

Ron’s retail experience brings a broad spectrum of knowledge and understanding of both sides of the transaction for Velocity’s clients. He can be reached at 602-682-8030, ron.ault@velocityretail.com.

Dave Cheatham
Dave Cheatham is an accomplished authority on retail real estate in the disciplines of brokerage, project leasing, development, consulting and advisory services. He is a senior advisor to merchants, entrepreneurs, investors and senior retail executives throughout the industry.
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