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…
Kenwood Pavilion CINCINNATI—Faris Lee Investments, an Irvine, CA-based firm, has just completed the portfolio sale of two fully-occupied retail centers in Kenwood, an suburb of…
IRVINE, CA—The retail-investment market’s temperature varies according to property type and location, but single-tenant retail is one of the hottest sub-sectors, Nicholas Coo, senior managing…