What Velocity Retail does

Velocity Retail Group is a privately held, full-service commercial real estate firm founded in 2005 and headquartered in Phoenix, Arizona, with a second office in Tucson (opened January 2018). The firm provides brokerage and consulting services to retailers, restaurants, property owners, and investors across the Southwest United States, with stated operational coverage of Arizona, Nevada, New Mexico, and Texas. The legal entity is Velocity Retail Group, domiciled in Arizona, USA, with no disclosed parent company or external institutional ownership.

The firm operates four revenue streams: (i) tenant representation commissions (site selection, market analysis, lease negotiation, project management); (ii) landlord services and leasing commissions (strategic positioning, targeted marketing, tenant attraction, retention planning); (iii) investment sales advisory (acquisition, disposition, and 1031 exchange); and (iv) recurring property management services delivered through the Velocity Management Services subsidiary launched in March 2022. The firm pairs brokerage with in-house development capabilities through sister company Accelerated Development Services, which handles end-to-end build-to-suit projects from site selection through grand opening, and maintains an Available Properties platform with map and list view for retail/medical/commercial listings.

Underlying the brokerage is an in-house technology and research stack: a GIS mapping and analytics team that visualizes demographics, traffic counts, and trade areas; proprietary databases integrated with CoStar and Sites USA; an in-house marketing, aerial photography, and research function; and quarterly outputs such as the Southwest Retail Pulse report and bespoke market intelligence studies. The firm distributes through direct enterprise field sales backed by a strategic partnership with X Team Retail Advisors (a North American retail CRE specialist network in which President Dave Cheatham holds an International Board seat). The 28-person team (per firmographic range of 11-50 employees) is led by Dave Cheatham (President), Darren Pitts (Executive Vice President), Brian Gast (Executive Vice President & Principal), and Phil Kwiecinski (Senior Vice President & Designated Broker).

Name

Velocity Retail

Legal name

Velocity Retail Group

Website

https://velocityretail.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Velocity Retail Group is a privately held, Phoenix-based commercial real estate firm founded in 2005, providing tenant representation, landlord services, investment sales, and property management to retailers, restaurants, and property owners across the US Southwest.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Brokerage Services

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Retail Brokerage (BPAJABAB)

akta.pro secondary industries

Retail Property Management (BPAJAGAB), Retail Real Estate Asset Management (BPAJAMAF)

Keywords

• Retail real estate brokerage
• Tenant representation services
• Commercial property leasing
• Retail property management
• Investment sales advisory

Headquarters

HQ city

Phoenix

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Tenant Representation Commissions: Brokerage fees for representing retailers in their search for commercial space, including site selection, market analysis, lease negotiation, and project management services.
2. Landlord Services and Leasing Commissions: Strategic market analysis, targeted marketing, tenant attraction, lease negotiation, and retention planning for property owners to maximize occupancy and rental rates.
3. Investment Sales Advisory: Investment sales and advisory services for buying, selling, and 1031 exchange transactions of retail properties.
4. Property Management Services: Day-to-day property management including maintenance, tenant relations, and legal compliance services for investment property owners.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels7 records

Core offering

Velocity Retail Group provides full-service commercial real estate brokerage and consulting for the retail sector. Core offerings include tenant representation (site selection, market analysis, lease negotiation, project management), landlord services (leasing strategy, tenant attraction, retention), investment sales (acquisitions, dispositions, 1031 exchanges), property management, market intelligence and GIS analytics, and development services through partner Accelerated Development Services. The firm focuses on the Southwest U.S. market and serves enterprise retail tenants, restaurant chains, REITs, and commercial property owners.

Product overview

Velocity Retail Group is a full-service commercial real estate firm offering an integrated suite of retail real estate services. Its core offerings include Tenant Representation (site selection, market analysis, lease negotiation, project management), Landlord Services (strategic positioning, tenant marketing, lease retention, property oversight), Development Services (via Accelerated Development Services, covering the full build-to-suit lifecycle), Property Management Services, Market Intelligence (proprietary research, GIS analytics, CoStar/Sites USA-driven reports, Southwest Retail Pulse), and Investment Sales (acquisitions, dispositions, 1031 exchanges). These services are delivered through a unified team structure supported by in-house marketing, photography, GIS, and research resources, and are accessible via the Available Properties platform. The firm is also a partner of X Team Retail Advisors, providing international reach while maintaining local market expertise across the Southwest.

Differentiator

Problem solved

Functional benefit

Products and services

• Tenant Representation Full-service tenant representation including site selection, market analysis, lease negotiation, and project management to help retail tenants find and secure optimal commercial spaces in the Southwest market.
• Landlord Services Comprehensive landlord representation covering strategic market analysis, targeted tenant marketing, lease negotiation and retention planning, and ongoing property oversight to maximize occupancy and asset value for retail property owners, REITs, and developers.
• Property Management Services Full-service property management delivered through subsidiary Velocity Management Services, handling day-to-day operations including maintenance, tenant relations, and legal compliance for investment property owners.
• Development Services End-to-end retail development services delivered through partner Accelerated Development Services, guiding retail clients from site selection through grand opening for new store rollouts, including projects such as SanTan Crossing in Gilbert and Heritage Park in Marana.
• Investment Sales Investment sales division handling acquisition, disposition, and 1031 exchange transactions for retail properties across the Southwest, including off-market deal facilitation for investors.
• Market Intelligence and GIS Analytics In-house market intelligence capabilities including comprehensive research using proprietary databases, CoStar, and Sites USA; GIS mapping and analytics for demographics, traffic, and trade area visualization; and Southwest Retail Pulse industry reports providing market insights to retail tenants and landlords.
• Available Properties Platform Interactive online property listings platform allowing users to search and filter available retail and commercial properties by city and status (For Sale / For Lease), with map and list view options powered by embedded Google Maps.

Quantifiable outcome

• Gast Team completed 1,119,812+ square feet of retail transactions in 2025
• +2 more outcomes

Named customers17 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• X Team Retail AdvisorscoreStrategic or Co-development PartnerVelocity Retail Group is a proud partner with X Team Retail Advisors, an integrated group of retail commercial real estate specialists from offices all over North America. With members in every major market in the United States and Canada, clients benefit from a unique combination of international scope and extensive local expertise. Dave Cheatham serves on the X Team International Board of Directors.
• Accelerated Development ServicescoreStrategic or Co-development PartnerSister company handling development services for new stores from site selection through grand opening. Velocity Retail Group handles leasing for developments created by Accelerated Development Services, including SanTan Crossing in Gilbert and Heritage Park in Marana.
• Velocity Management ServicesminorStrategic or Co-development PartnerProperty management subsidiary that handles day-to-day operations for investment properties, allowing Velocity Retail Group clients to focus on what matters most while the team takes care of maintenance, tenant relations, and legal compliance.
• DeRito PartnersminorStrategic or Co-development PartnerDeRito Partners is leading an auto mall development at Halo Vista. Velocity Retail Group has worked alongside DeRito Partners on landlord assignments, adding regional draw to the project.

Scale indicators3 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• CBRE Group: Largest global commercial real estate firm with deep retail brokerage, capital markets, and property management practices. Competes with Velocity for institutional landlord and national tenant mandates in Arizona and across the Southwest.
• JLL: Global real estate services firm with a dedicated retail practice covering leasing, investment sales, and asset management. Overlaps with Velocity on retail tenant representation and institutional landlord services, particularly with large REITs.
• Newmark Group: Publicly traded commercial real estate services firm with a growing retail capital markets and leasing practice. Comparable to Velocity on retail investment sales and tenant representation for national accounts.
• Cushman & Wakefield: Global commercial real estate services firm with retail leasing, investment sales, and property management capabilities. Competes with Velocity for institutional landlord mandates and large national tenant portfolios, though as part of a much wider platform.
• Colliers: Global full-service CRE firm with a dedicated retail capital markets and brokerage practice operating across the Southwest. Larger incumbent offering overlapping retail brokerage and investment sales services alongside broader property type coverage.

Direct peers

• Kidder Mathews: West Coast-focused commercial real estate firm with a strong retail brokerage and property management practice. Similar size and service mix to Velocity, with overlapping geographic and tenant segments across the western US.
• SRS Real Estate Partners: Largest retail-only commercial real estate firm in the US with national coverage of tenant and landlord representation, investment sales, and property management. Direct comparable to Velocity on retail focus, service mix, and transaction-driven model, though materially larger and multi-regional.
• Commercial Properties Inc. (CPI): Arizona-headquartered commercial real estate firm offering brokerage, property management, and investment services with a strong retail and office focus. Directly comparable to Velocity on geography (Phoenix), service mix (brokerage + property management), and tenant/landlord representation model.
• Lee & Associates: National commercial real estate brokerage with a substantial retail practice and a Southwest regional presence. Comparable on retail tenant and landlord representation, though operates on a broader, multi-sector basis.

Emerging players

• Retail Strategy LLC: Boutique retail-only commercial real estate advisory with tenant representation and landlord services in select Southwest and Western US markets. Smaller and more niche than Velocity, but a comparable retail-specialist brokerage model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/velocity-retail-group-llc
• Instagraminstagram.com/velocityretail
• Xx.com/velocityretail
• Facebookfacebook.com/gastretailaz

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Velocity Retail