Industry Veteran to Launch Velocity Retail Group’s Management Services Division

Velocity Retail Group announces the hiring of Mark Villalpando as Senior Vice President and Designated Broker of the firm’s newly launched Velocity Management Services division. The division will work with our new and existing clients to maximize property value and investment returns.

In addition Mark will be the Senior Vice President of Development for Accelerated Development Services, Velocity Retail’s affiliate company. This company provides a resource for Velocity’s clients to handle their build-to-suit expansions as well as construction management.


“In order to continue to provide excellent service across each of our business platforms and serve our development partner clients we have formed Velocity Management Services.  Mark’s background, experience and industry knowledge are a perfect complement to our organization,” said Dave Cheatham, President of Velocity Retail Group and Accelerated Development Services.  “Our clients require solutions that provide a consistent service delivery level regardless of whether its brokerage, development services, consulting, or asset management.  For Accelerated Development Services, Mark will expand upon our build-to-suit and construction management services for our tenant clients,” he added.

Mark has an impressive and varied career which includes practicing real estate and corporate law, developing community and neighborhood retail projects throughout the west, establishing a bank and serving as chairman, and working with two national retailers as they opened over 150 stores.  Most recently, he has consulted with national retailers on portfolio optimization, lease management and growth strategies, as well as providing asset management services for commercial projects.

“I have worked with the leadership group at Velocity Retail for most of my career.  I have always considered them to be market leaders, and on the cutting edge of what retail clients are seeking.  I am eager to launch this new division, and work with the build-to-suit tenants on their construction management.  This will provide another layer of services that will continue the firm’s reputation of always providing excellence in all we do,” said Villalpando.

Mark is an Arizona native, and holds a Jurisdoctor degree from Harvard Law School, and a Bachelor of Science degree from the University of Arizona. Mark can be reached at:  602-682-8190  ///  email: mv@velocityretail.com .


About Accelerated Development

Accelerated Development Services is an affiliate company of Velocity Retail Group, and continues its interest in build-to-suit and buy-to-suit opportunities for retailers looking to expand.  The company primarily focuses their efforts on the markets in the West and Southwest.

www.Accelerateddevelopment.com


About Velocity Retail Group

Headquartered in Phoenix, Arizona with an office in Tucson, Velocity Retail Group (www.velocityretail.com)  provides a full range of commercial real-estate services including leasing and selling of shopping centers, tenant representation, land advisory, consulting, investment consulting, capital market solutions, development to retail tenants, and redevelopment to owners of retail real estate throughout the West. Velocity Retail Group is a member of X Team Retail Advisors a platform of 400 retail professionals in 38 offices nationwide.  For more information, visit  www.xteamretail.net

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