Below is a summary of Velocity Retail Group, LLC recently completed transactions.
Laser Away Centers will be opening their 2nd location in Arizonaat the northeast corner of Camelback Road and 44th Street in Phoenix. Judi Butterworth of Velocity Retail Group negotiated the five-year lease of 1,259 square feet on behalf of the tenant. The landlord, Camelback & 44th OPCO, LLC was represented by Joe Hoye of Westwood Financial Corporation. The new location will open in the 3rd quarter of this year.
Velocity Retail Group, LLC announces that Carter’s Retail, Inc. will be opening a 3,483 square foot store this summer at Yuma Palms Regional Center at the northeast corner of Interstate 8 and 16th Street in Yuma, AZ. Dave Cheatham of Velocity Retail Group represented Carter’s in the 10-year lease transaction. The landlord, Inland Continental Property Management Corp. was represented by Joe Doucette of GDCRE.
Larry Miller and John Jackson of Velocity Retail Group represented CrossFit Magna in a 11,704 square location in the Village Center located at the northwest corner of Cactus Road and Paradise Village Parkway in Phoenix, Arizona. The landlord is Phillips Edison & Company. The tenant is currently in the trade area and is doubling their store size with this new location. They are expected to open by August 1st.
Nick Ault and Judi Butterworth of Velocity Retail Group represented Edwards Hollywood, LLC in the lease of a 6,005 square foot former Hollywood Video space at the northwest corner of Camelback and 95th Avenue to Integrity Staffing Solutions, Inc. The tenant was represented by Adam Hood of Colliers International in the three-year lease transaction. The new location is planning on opening in July.
Nick Ault of Velocity Retail Group represented Carmel Cleaners in a 5-year lease for 2,200 square feet at the southeast corner of Pinnacle Peak and Scottsdale Roads. The landlord was represented by Ryan Amato of Eisenberg Companies. This will be the 3rd location for this tenant and they are expected to open in the first quarter of 2015.
Larry Miller and John Jackson of Velocity Retail Group represented CompassQuote Insurance in a 1,028 square location at the northeast corner of Pinnacle Peak and Pima Roads in Scottsdale, Arizona. The landlord, La Mirada Shopping Center was represented by Jennifer Eggert of Zell Commercial. This is the first location for this tenant and they are currently open for business.