While the activity and energy level at last year's RECon was vibrant, most investors remained in fact-finding and information-gathering mode, as opposed to ready to…
Where Are We in the Cycle?
By Rick Chichester, President & CEO, Faris Lee Investments The U.S. continues its economic expansion with improving fundamentals, inclusive of employment growth to pre-recession levels.…
Will Retail Investment Properties Thrive When Interest Rates Rise?
This is a guest blog from Shaun Riley at Faris Lee Investments in anticipation of ICSC RECon 15. Visit them at Booth C150M. We’ve all…
Omni-Channel Evolution: Alliances Will Grow
IRVINE, CA—As omni-channel retailing matures, partnerships between physical and digital stores of different names will continue to gain popularity, George Smith Partners’ SVP Shahin Yazdi tells GlobeSt.com. We spoke exclusively…
Whole Foods Draws Big Pool of Buyers
LOUISVILLE—P&P has just sold the Bluegrass Manor Shopping Center, a grocery-anchored development in St. Matthews, KY, part of the Louisville metro area, for $46.1 million to…
Losing a Grocer, Without the Nightmares
IRVINE, CA—The grocery industry continues to evolve as it responds to the changes in consumers’ demographic profiles and needs. This is evidenced by many national…
AZ Retail Center Trades for $108/sf
Payson Village Center, a 140k sf, grocery-anchored retail center in Payson, AZ, was purchased by Progression Real Estate Investments for $15.075 mil ($108/sf). The property…
Payson Village Center in Arizona Sells for $15M
PAYSON, ARIZ. – Payson Village Center, a 140,500-square-foot, grocery-anchored center in Arizona, has sold to Progression Real Estate Investments for $15 million. The center is…
Trio of CVS Sales Total to $17 Mil
Three newly constructed, single-tenant properties NNN-leased by CVS Pharmacy sold in separate transactions totaling $17 mil. The properties are located in Conroe and Buda, TX,…
Faris Lee Completes Sales of Three Properties Occupied by CVS Totaling $17 Million
Irvine, Calif. — Faris Lee Investments has completed the sales of three newly constructed, single-tenant properties triple-net leased by CVS Pharmacy. The transactions were sold for…