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…
SHIPPENSBURG, PA—ARC Real Estate Group, a private, New York-based family office,acquired a 139,535-square-foot, single-tenant, triple net-leased retail property fully occupied by Lowe’s Home Improvement at 250 S.…
LOS ANGELES—As product for sale in the net-lease asset class becomes ever scarcer and primary market yield decreases, secondary and tertiary markets are looking ever more appealing…
PHOENIX—Faris Lee Investments has completed the $12 million sale of a 45,000-square-foot, single tenant, NNN-leased retail property occupied by LA Fitness in Goodyear. Chris Tramontano, Patrick Luther and Matthew Mousavi of Faris Lee Investments represented…
PHOENIX—Faris Lee Investments, a retail advisory and investment sales firm, has completed the $13.7 million sale of a two-building, NNN-leased retail property in Peoria. Situated on 5.12 acres and totaling 51,200 square feet,…
A two-building, NNN-leased retail property in Peoria, AZ was purchased by El Rancho Company, a San Jose -based 1031 exchange buyer, for $13.7 mil ($268/sf).…
IRVINE, CA—There are several factors that exemplify how today’s retail-investment market is fundamentally stronger than the 2007 market peak, Donald MacLellan, senior managing partner of…