Tag Archives: Darren Pitts Tweet As the commercial real estate markets and values continue to improve, more retailers and other users who currently own their real estate are contemplating the advantages of owning their real estate assets or whether they should pursue a sale-leaseback strategy to create liquidity. This is especially true where retailers purchased vacant assets at rock-bottom...  Tweet Velocity Retail Group’s Darren Pitts and Michael Clark have been hired by The Kroger Co. to sell the company’s excess assets in Arizona. The initial assignment is for two separate assets. One is a 50,684 square foot former Fry’s Food & Drug store at the southwest corner of University and Extension in Mesa, Arizona...  Tweet Velocity Retail Group’s Dave Cheatham and Darren Pitts were honored as a finalist in the Leasing Broker Team of the Year category. Andy Kroot was announced as a finalist for the Leasing Broker of the Year category. This is the third consecutive year that the three executives from Velocity Retail have been nominated for... Tweet After a very difficult 2009 and 2010, the retail investment market significantly improved in 2011 and continued to gather strength throughout 2012. On both the private capital and institutional side of the business, available capital has flowed into the retail sector and has continued to compress capitalization rates very near the market peak years...  Tweet Each year IREM (Institute of Real Estate Management) and CCIM (Certified Commercial Investment Member) sponsor an economic forecast event for several hundred participants. The event is a key resource that many industry professionals utilize to assist in their real estate decision-making. This year the conference focused on four areas in real estate: Retail Multi-Family... |
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