Velocity launches asset management unit; names its chief
Velocity Retail Group, a Phoenix-based member of the X Team Retail consortium, has formed an asset management division called Velocity Management Services. It will be headed by prominent local attorney and businessman Mark Villalpando.
For the past 16 years, Villalpando has led Good Oak Management, a full-service asset and property management, and for the past five years he has served as VP of ARES Retail Solutions. A graduate of Harvard Law School, he helped found the First Arizona Savings Bank and served as its chairman until 2010.
As a senior VP, Villalpando will also direct development for Accelerated Development Services, an affiliate of Velocity Retail that aids clients in build-to-suit expansions and construction management.
Mark’s background, experience and industry knowledge are a perfect complement to our organization,” said Velocity president Dave Cheatham. “Our clients require solutions that provide a consistent service delivery level regardless of whether its brokerage, development services, consulting, or asset management.”
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For the past 16 years, Villalpando has led Good Oak Management, a full-service asset and property management, and for the past five years he has served as VP of ARES Retail Solutions. A graduate of Harvard Law School, he helped found the First Arizona Savings Bank and served as its chairman until 2010.
As a senior VP, Villalpando will also direct development for Accelerated Development Services, an affiliate of Velocity Retail that aids clients in build-to-suit expansions and construction management.
Mark’s background, experience and industry knowledge are a perfect complement to our organization,” said Velocity president Dave Cheatham. “Our clients require solutions that provide a consistent service delivery level regardless of whether its brokerage, development services, consulting, or asset management.”
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