Phoenix, Ariz. – Darren Pitts, Brian Gast and Brad Ranly of Velocity Retail Group represented the Landlord, C & H Development Company in 14,412 square foot lease at Scottsdale Commons shopping center located at the southwest corner of Shea Boulevard and Scottsdale Road. Kitchen United, Inc. will be occupying the vacant space adjacent to BevMo. The tenant was represented by Todd Folger and Jami Gray from CBRE.
Kitchen United began in 2017 and is a state-of-the-art commercial kitchen facility designed to meet the needs of restaurant operators looking to build off-premise business. The shared facilities offer kitchen space and infrastructure for restaurants to launch delivery-only concepts, or to even test their brand in new markets without having to invest in their own real estate. By the end of 2019 the company is expected to open in nine additional markets, with Phoenix among them.
“This is a prime location in central Scottsdale which should provide Kitchen United a great launch into the Phoenix market,” said Brian Gast, Executive Vice President of Velocity Retail. “We were focused on filling the vacancy for our owner with a quality tenant who can bring energy and synergy to the dozens of shop tenants in the center. Kitchen United will be a great addition,” he added. More info at: https://www.kitchenunited.com/
This transaction is one of dozens of big box deals completed by Velocity Retail Group in the past year. The firm continues to lead the retail market in big box leasing and sales and looks forward to continuing to serve its expanding retailers at the highest level.
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, www.xteamretail.com