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PHOENIX-Commercial real estate veteran Greg Coxon has joined Velocity Retail Group and affiliate company Accelerated Development Services as chief operating officer, effective today. Coxon, who has served leadership stints with Newmark Grubb Knight Frank, Grubb & Ellis and CBRE, is being charged with day-to-day management of operations, with specific focus on growing Velocity Retail’s asset management business.

Overall, Coxon is also taking charge of boosting the companies’ service platforms and business development programs, a must given the current and pending growth currently underway in the Phoenix region. “One of the things that happened during the previous cycle is that everyone had to be as efficient as possible with their staffing,” says Dave Cheatham, managing principal of Velocity Retail and Accelerated Development. “As the market continues to heat up and the workload increases, we’ve had to grow the team to benefit from the growth.”

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