PHOENIX—Velocity Retail Group, LLC announces that The Dump, a subsidiary of Haynes Furniture Company, Inc. of Virginia has finalized a lease for a 156,410-square-foot warehouse at 6655 S. Kyrene Road in Tempe. The Dump is a furniture outlet store which buys overstocks, one-of-a-kinds, factory sell outs, showroom models and design prototypes.
“The site is our existing logistics and operations location which supports the retail store at Elliot and Interstate 10. We were pleased to be able to secure the location for an additional five years as this asset is an integral part for The Dump's operations in Arizona,” say Darren Pitts, executive vice president at Velocity Retail Group.
Pitts and Bob Crum of Ross Brown Partners represented The Dump in the transaction. The landlord, CLPF-Kyrene 3, LP, an entity controlled by Clarion Partners, LLC, was represented by JLL.
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