Velocity Retail Group, a full-service commercial real estate services company based in Phoenix, has secured a 10-year lease for Beall’s Outlet.
Beal’s Outlet will join the lineup at Westporte Village in Glendale, Arizona. The 23,600-sq.-ft. space is slated to open in November 2015. Velocity Retail Group VP Michael Clark and associate VPs Larry Miller and John Jackson represented the landlord. Newmark Grubb Knight Frank represented the tenant.
“Beall’s is a great addition to the existing tenant mix and will help create increased shopping traffic to the center,” said Jackson. “The ownership group was excited to add this well-established tenant 100 years after opening their first store,”
Beall’s operates more than 500 stores in Florida, Georgia and Arizona.
Velocity Retail Group is a partner of X Team International.