IRVINE, CA—while some might want to paint the whole sector black, there are certainly pockets of opportunity remaining for savvy investors who’ve been around the retail block more than a time or two. High-energy urban infill submarkets and the lack
…Consumer Caution Belies an Increasingly Robust Retail Market
IRVINE, CA–The stock market is still taking us on a financial version of Mr. Toad’s Wild Ride, which if it continues, can impact consumer confidence. But as Rick Chichester, president and CEO of Faris Lee Investments, points out, …
Faris Lee Experts Break Down the Flattening Yield Curve
The yield curve has taken a turn recently that has caught the eye of many in commercial real estate. That’s mainly because in the past as the difference between longer- and shorter-term bonds flattens and the gap narrows, it has …
Faris Lee Investments Brokers $6.8M Sale of Three-Tenant Retail Property in Tulare, California
TULARE, CALIF. — Faris Lee Investments has arranged the sale of a three-tenant net-leased investment asset located within Tulare Pavilion Shopping Center in Tulare. Hillman Tulare LLC sold the property to an undisclosed buyer for $6.8 million.
Totaling 62,500 square …
Faris Lee Investments Brokers $16.7M Sale of Shopping Center in Saint Charles, Illinois
SAINT CHARLES, ILL. — Faris Lee Investments has brokered the sale of Main Street Commons in suburban Chicago for $16.7 million. The 171,564-square-foot shopping center is situated on 20 acres. At the time of the sale, the property was 85 …
Faris Lee Closes Sale of Re-positioned St. Charles Retail
Faris Lee Investments has completed the sale of a 171,564-square-foot community center in the western suburb of Saint Charles, IL. Main Street Commons traded for $16.6 million, with a Faris Lee team representing the seller, Sabal Financial Group.
The property’s …
Faris Lee Investments Completes Sale of Box Tenant
Irvine, Calif., December 9, 2018 – Faris Lee Investments, a leading retail advisory, and investment sales firm, has completed $6.8 million sale of Big Lots, Dollar Tree, and Harbor Freight Tools, 3-tenant NNN Investment totaling approximately 62,500-square-foot in Tulare, CA.…
The Upside and Downside of Wage Growth
There’s no question that the current socioeconomic environment has implications for retail—albeit not only for retail. In the run-up to ICSC’s New York Deal Making conference Dec. 4-6, we’re sharing insights from Jay Quinn, senior managing director, capital markets at …
Faris Lee Investments Completes Sale of Two Retail Locations in Metro Salt Lake City
TAYLORSVILLE, UTAH — Faris Lee Investments has completed the combined fee simple interest sale of national single tenant retailers located within Taylorsville Shopping Center in Taylorsville. A Southern California-based private investor sold the properties for an undisclosed price. The assets …
A Tale of Two Investment Climates
IRVINE, CA—This seemingly endless upcycle continues to steam along, although the cap rate environment as we swing into 2019 is giving some investors pause. So says Shaun Riley, senior managing director of Faris Lee Investments. But one investor’s …
Faris Lee Investments Successfully Arranges the Purchase of Rare Industrial Asset In the Heart Of Costa Mesa, CA
COSTA MESA, Calif., October 22, 2018 – Faris Lee Investments, a leading retail advisory, and investment sales firm, completed a $1.5 million all-cash transaction of a 5,228-square-foot multi-tenant industrial property located within Mesa West Bluffs Urban Redevelopment Plan.
Managing Directors …
Regional Mall Trades for $18M in Janesville
August 7, 2018
Faris Lee Investments has closed on the sale of Janesville Mall, a 600,650-square-foot regional center in Janesville, WI for $18 million. The firm’s Don MacLellan, senior managing director, and Rick Chichester, president and CEO, represented seller CBL …
Faris Lee’s Jay Quinn on X-Team, Velocity and Capital Markets’ Role Today
Irvine, CA-based Faris Lee recently expanded its capital markets team with the addition of veteran Jay Quinn. Connect Media asked Quinn to share what’s behind the push to boost the firm’s investment advisory practice by providing comprehensive investment solutions to …
Faris Lee Investments Makes Strategic Hire to Integrate its Capital Markets Strategies
In a boost to its national capital markets business, Faris Lee Investments has hired Jay Quinn as a senior managing director of capital markets.
Based in the company’s Irvine, CA office, Quinn plans to specialize in structuring, origination and marketing …
Jay Quinn Joins Faris Lee’s Capital Markets Team
July 27, 2018
Irvine, CA-based Faris Lee Investments expanded its capital markets business nationally with the appointment of Jay Quinn as Senior Managing Director, Capital Markets. The firm plans to further integrate its capital strategies to maximize value and manage …
Faris Lee Hires Senior Capital-Markets Director
Irvine, California–based Faris Lee Investments has hired Jay Quinn as senior managing director, capital markets. In his new role, Quinn will focus on origination, structuring, and marketing of debt-and-equity finance transactions across the U.S.
Quinn joins Faris Lee having served …
Faris Lee Negotiates $10.5M Sale of 54,942 SF Retail Property in Palmdale
PALMDALE, CALIF. — Faris Lee Investments has arranged the sale of a newly constructed, single-tenant retail building located at 40022 10th St. West in Palmdale. Southern California-based HFC/PRP Palmdale sold the property to Valuerock Investments Partners for $10.5 million.
Built …
What Not To Fear In Retail’s Time Of Change
Rick Chichester, president and CEO of Faris Lee Investments.
IRVINE, CA—The specter of technology has cast a gloom over the retail sector in recent years. But as each store announces closings, other retailers are working creatively and embracing experiential and
Faris Lee Brokers $5.6M Sale of 96,000 SF Industrial Asset in San Antonio
SAN ANTONIO — Irvine, Calif.-based Faris Lee Investments has brokered the approximately $5.6 million sale of a 96,000-square-foot industrial asset in San Antonio.
The property is situated on five acres at 1949 Hormel Drive near the downtown area and is …
Faris Lee Arranges $2.3 Million Sale of Single-Tenant Retail Property in Southern California
The new owner plans to convert the space, which is currently leased to a Japanese restaurant, for use as its dental practice.
Orange, Calif. — Faris Lee Investments has arranged the $2.3 million sale of a 3,600-square-foot, single-tenant retail
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