Faris Lee Investments has hired several new professionals to support its ongoing expansion. The firm is focused on strategic growth in six business groups—single-tenant net-lease,…
The True Cost of Cheap Debt
Faris Lee’s Rick Chichester believes the U.S. economy may have a stiff price to pay for the low interest rate environment that has continued well…
Faris Lee Investments Completes $5.5 Million Sale of Single-Tenant, NNN-Leased Asset Occupied by 24 Hour Fitness in Monrovia, California
IRVINE, Calif., February 12, 2015 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $5.5 million sale of a 17,000-square-foot, single-tenant, NNN-leased retail property occupied by 24 Hour Fitness in Monrovia,…
Riverside Strip Center Produces Premium Sales Price
Red Mountain Retail Group divested a 5,231-square-foot retail property in Riverside, CA to an undisclosed Los Angeles-based private investor for $4.025 million. The closing cap…
Bank building sells
A Citibank branch office in Riverside has been sold. Faris Lee Investments completed the sale of the building, a 7,508-square-foot structure at 3580 Tyler St.…
Single-Tenant Net Lease is Sector Darling
IRVINE, CA—Investors are seeking single-tenant net-lease deals like never before, Matt Mousavi, senior managing director of Faris Lee Investments, tells GlobeSt.com. We spoke with Mousavi about why…
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