Velocity Retail Group, a Phoenix-based member of the X Team Retail consortium, has formed an asset management division called Velocity Management Services.
Fifty-six of the 100 largest warehouse leases in the first half of 2018 were signed by e-commerce and third-party logistics companies, according to CBRE.
After decades of being denied a physical presence in New York City by unions claiming the mega-retailer takes advantage of its workers, Walmart has finally wormed its way into the Big Apple.
Brandon Famous, CBRE’s Americas leader for retailer representation, has been appointed chairman of the newly formed Global Retail Occupier Executive Committee.
