Accelerated Development Services
Accelerated Development Services is a Phoenix-based, privately held retail real estate development firm that delivers end-to-end site selection, build-to-suit, construction management, leasing, and property management services to national and regional retail brands across the United States and Canada.
- Company typePrivate
- Founded2005
- HeadquartersPhoenix, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Accelerated Development Services does
Accelerated Development Services (ADS) is a privately held, Phoenix-based retail real estate development firm that provides end-to-end development services to national and regional retail brands across the United States. Co-founded by Dave Cheatham (President & CEO) and Darren Pitts (Executive Vice President) as the development platform of affiliated brokerage Velocity Retail Group, the company operates as a full-service development partner rather than a principal investor. Core services span site selection, single-tenant build-to-suit, buy-to-suit, reverse build-to-suit, fee development, ground lease of difficult sites, sale/leaseback, construction management, leasing and sales (via Velocity Retail Group), and property management (via Velocity Management Services). The company also offers real-time web-based deal tracking and capital sourcing as supporting capabilities.
ADS serves two primary customer segments: national and regional retailers seeking to expand or renovate their store networks (e.g., Dutch Bros, Starbucks, Tractor Supply, Goodwill, Aldi, Target, Lowe's, Wendy's, Mattress Firm), and shopping center owners and investors needing development, leasing, and property management services. Revenue is generated through project-based development fees, construction management fees, leasing and sales commissions, and ongoing property management fees, with no publicly disclosed pricing or revenue figures. The firm's cumulative track record includes 115+ projects, over 7.5 million square feet of retail space developed across 17 states, and approximately $2 billion in created value, with recent project volume exceeding $250 million.
The firm is founder-owned and managed, with no disclosed institutional or private equity backing. It maintains a lean team of approximately 1-10 employees headquartered at 2415 E Camelback Road, Suite 400, Phoenix, AZ, supported by an extended network of market partners across the US and Canada. Technology is limited to web-based deal tracking and reporting tools rather than a proprietary development platform. Marketing and business development are conducted primarily through direct enterprise sales, industry content, and social channels, with no app, API, or public-facing software product.
Accelerated Development Services firmographics
Firmographics- Name
- Accelerated Development Services
- Legal name
- Accelerated Development Services
- Website
- https://accelerateddevelopment.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Accelerated Development Services is a Phoenix-based, privately held retail real estate development firm that delivers end-to-end site selection, build-to-suit, construction management, leasing, and property management services to national and regional retail brands across the United States and Canada.
- Ownership category
- akta.pro rank
Accelerated Development Services industry classification
Industry- Product category
- Retail Real Estate Development Services
- NAICS
- Land Subdivision (23721)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)
- akta.pro secondary industry
- Land Brokerage (Raw Land & Development Sites) (FSAEAJAD)
Keywords
Where Accelerated Development Services is headquartered
LocationHeadquarters
- HQ city
- Phoenix
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Accelerated Development Services business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Development Services: The company generates revenue through development fees, construction management services, leasing and sales commissions, and property management services. Services include site selection, build-to-suit, buy-to-suit, reverse build-to-suit, fee development, ground lease of difficult sites, sale/leaseback, real-time deal tracking and web-based reporting, and capital sourcing. Over $250MM of recent projects demonstrates significant transaction volume.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
Accelerated Development Services product offering
Product offeringCore offering
Accelerated Development Services is a full-service retail real estate development platform that provides integrated development, construction management, leasing and sales, and property management services for retail brands expanding across the United States. Offerings include site selection, single tenant build-to-suit, shopping centers, fee development, ground lease of difficult sites, sale/leaseback, capital sourcing, and real-time deal tracking. Property management is delivered through affiliated Velocity Management Services.
Product overview
Accelerated Development Services is a full-service retail real estate development platform that provides integrated development, construction management, leasing and sales, and property management services. The company operates as a unified services platform offering site selection, build-to-suit, buy-to-suit, fee development, ground lease services, sale/leaseback transactions, capital sourcing, and real-time deal tracking. Property management is delivered through affiliated company Velocity Management Services. With over $250MM of recent projects and experience across 17 states with 115+ projects totaling 7.5 million square feet and $2 billion in created value, the platform serves as a comprehensive one-stop solution for retailers expanding across the United States.
Differentiator
Problem solved
Functional benefit
Products and services
- Development Services
Quantifiable outcome
- Over $250MM in recent development projects
- +3 more outcomes
Companies that use Accelerated Development Services
Customer profileNamed customers15 records
Segments2 records
Ideal customer profiles2 records
Accelerated Development Services technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Accelerated Development Services partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Accelerate Business Development Services, LLCcoreDP Gayatri formed a strategic partnership with Accelerate Business Development Services, LLC to expand its advisory services, integrating strategy, automation, and consulting for manufacturers in North America. The collaboration aims to enhance the group's capabilities in supporting manufacturing growth, optimization, and strategic expansion. This partnership enables integration of development services with broader business advisory capabilities for manufacturing clients.
- Velocity Retail GroupcoreAccelerated Development Services is an affiliate company of Velocity Retail Group, a full-service commercial brokerage focused on retail tenants and owners in the Western US. Dave Cheatham is co-founder and Managing Principal of Velocity Retail Group. Darren Pitts also co-founded Accelerated Development as an affiliate of Velocity Retail Group. The companies share a common leadership team and operate collaboratively on retail development projects.
Scale indicators6 records
Recent moves5 records
Expansion highlights5 records
Accelerated Development Services competitors and assessment
Company assessmentDirect peers
- Velocity Retail Group: Co-founded by ADS principals and operates as an affiliated full-service commercial brokerage focused on retail tenants and owners in the Western US. Closely aligned with ADS on shared leadership and overlapping retail real estate services.
- Vestar Development: One of the largest privately held retail development companies in the Western US; Trey Eakin previously held management positions there. Direct peer in retail ground-up shopping center and power center development.
- Cypress Equities: Retail-focused real estate investment and development firm where Dave Cheatham was Managing Principal of Cypress Equities West. Comparable platform offering retail development, leasing, and asset management services.
- Pederson Group: Retail real estate development firm where Trey Eakin held management positions. Comparable in offering retail ground-up development, build-to-suit, and shopping center projects in the Western US.
- Nexus Development: Retail development firm previously employing Trey Eakin. Comparable scope in single-tenant build-to-suit and shopping center development for national tenants.
Broad incumbents
- Staubach Retail (now JLL Retail): Where Cheatham and Pitts built their careers; JLL is a global commercial real estate services platform offering retail tenant representation and development services at much larger scale. Broad incumbent competing for the same enterprise retail mandates.
- CBRE Retail: Where Cheatham and Pitts led retail brokerage teams; the world's largest commercial real estate services firm with national retail tenant representation and project management capabilities competing for ADS's enterprise clients.
- Cushman & Wakefield Retail: Global CRE services firm offering retail tenant representation, site selection, and development advisory. Competes for the same national retail account work as ADS but with significantly broader geographic and capital markets resources.
Emerging players
- Phillips Edison & Company: Public retail REIT focused on grocery-anchored shopping centers with in-house development, leasing, and property management. Comparable integrated retail real estate platform though at much larger, public-company scale.
- Retail Strategies: Site selection and retail market analysis firm serving municipal and retail clients. Comparable in early-stage retail real estate advisory and site selection services, though narrower in scope than ADS's full development platform.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Accelerated Development Services social profiles
Digital presenceAccelerated Development Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Accelerated Development Services leadership team
Management profileNumber of profiles
Profiles11 records
Accelerated Development Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Accelerated Development Services M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Accelerated Development Services
What does Accelerated Development Services do?
Accelerated Development Services is a full-service retail real estate development platform that provides integrated development, construction management, leasing and sales, and property management services for retail brands expanding across the United States. Offerings include site selection, single tenant build-to-suit, shopping centers, fee development, ground lease of difficult sites, sale/leaseback, capital sourcing, and real-time deal tracking. Property management is delivered through affiliated Velocity Management Services.
Is Accelerated Development Services a public or private company?
Accelerated Development Services is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Accelerated Development Services founded?
Accelerated Development Services was founded in 2005. It employs 1 to 10 people.
Where is Accelerated Development Services based?
Accelerated Development Services is headquartered in Phoenix, United States, in the North America region.
How does Accelerated Development Services make money?
One revenue line is on record: development Services.
Who are Accelerated Development Services's main competitors?
Direct peers on record are Velocity Retail Group, Vestar Development, Cypress Equities, Pederson Group and Nexus Development. Broad incumbents are Staubach Retail (now JLL Retail), CBRE Retail and Cushman & Wakefield Retail. Emerging players are Phillips Edison & Company and Retail Strategies.
Does Accelerated Development Services have an API?
No public API is recorded for Accelerated Development Services.
What industry is Accelerated Development Services in?
Accelerated Development Services's product category is Retail Real Estate Development Services. Its primary akta.pro industry code is BPAJAMAL, Real Estate Development Asset Management (Project/Construction-to-Stabilization), with a secondary code of FSAEAJAD, Land Brokerage (Raw Land & Development Sites). Its NAICS code is 23721 and its SIC code is 6552.