Faris Lee Investments, a retail advisory and investment sales firm, completed the $4.4 million sale of Shops at Camarillo Town Center. The 8,000-square-foot property, built…
Take a Class-A strip center in an affluent San Diego suburb. Add a Starbucks, and voila! You have a sub-6% cap investment. But as one top retail investment broker tells Bisnow, Starbucks…
Gershman Properties purchased Breeze Hill Commercial Center, a 17.9k sf retail center in Vista, for $10.23 mil ($572/sf) as part of a 1031 exchange. It…
An 8,118-square-foot building in Costa Mesa that is triple-net leased to Citibank has sold to a Pasadena, Calif.-based family trust for $5 million. The building…
An 8.1k sf, single-tenant property in Costa Mesa sold for $5.04 mil ($622/sf). The NNN-leased retail asset is fully occupied by Citibank, which has 10…
In a recent $6.1 mil sale-leaseback deal in Irvine, Los Angeles-based Everwin Investments Inc acquired a 16.6k sf single-tenant, NNN-leased retail property fully occupied by…
NEW YORK CITY—During the International Council of Shopping Centers New York National Deal Making Conference, Faris Lee Investments CEO and president Rick Chichester took time…
BALDWIN PARK, CA—A 24,262-square-foot retail property has appreciated 25% in the three years due to the improving market. Gershman Properties purchased the 13-tenant site three years ago for $9.7…
New York-based ARC Real Estate Group LLC acquired the retail building at 250 S. Conestoga Dr. in Shippensburg, PA from Bountiful, a Utah-based affiliate of…