Shaun Riley

Shaun Riley

Managing Principal

As a Managing Principal at Faris Lee Investments, Shaun Riley leverages his 26 year career in commercial real estate to provide advisory services to investors of retail properties. His hands-on approach and attention to detail provide his clients with the competitive advantage they need in today’s marketplace.

Mr. Riley has represented clients in nearly $2 billion of transactions. Since joining Faris Lee Investments in 1998, Mr. Riley has specialized in representing investors in the acquisition and disposition of retail investment properties. He has represented some of Southern California’s preeminent shopping center developers and owners including Evergreen Development, Cadence Capital, Horowitz Partners, Krausz Companies, Invest West, Makena Great American, GRAE Ventures, United Growth, Soboroff Partners, and Pacific Properties Group. Because he has consistently delivered the highest price per square foot and lowest cap rate retail investment sales of any broker in Southern California, Mr. Riley is the preferred listing broker of investors seeking the highest level of representation.

Mr. Riley has a diversified client base of institutional investors, developers, private investment funds, and high net worth individuals. A few notable transactions include representing The Krausz Companies in the sale of the $64 Million Best Plaza in Cerritos, CA and representing an Arizona based private investment fund in the sale of the $29 Million Victory Plaza in Burbank, CA, a Ralphs and CVS anchored center. Mr. Riley works closely with gatekeepers for high net worth individuals. Referrals from sports agents and wealth managers have enabled Mr. Riley to represent leaders in the sports, business, and entertainment community in Southern California. For Faris Lee Investments, he heads up the Private Capital Acquisition Advisory Group which provides a full service platform advising investors through the entire acquisition process from analytics, site selection, transaction negotiation, and escrow management.   

Mr. Riley provides the highest level of advisory services by bringing his experience in leasing and investment sales to every transaction. His clients value the creative strategy, detailed analysis, and negotiating skills they receive in every transaction.

Mr. Riley is an active member of the International Council of Shopping Centers (ICSC) and is active with philanthropic organizations Compassion International and Samaritans Purse. 

Don MacLellan

Don MacLellan

Managing Principal

As a Managing Principal at Faris Lee Investments, Mr. MacLellan is responsible to lead Faris Lee Investments as one of the key decision makers.  In addition he leads the firm’s major disposition assignments and is part of the senior advisory team. He is also active in transaction negotiations and overseeing staff in the proposal process.

Mr. MacLellan has more than 37 years of commercial investment sale experience. His focus has been in acquisition/disposition services, which includes core, value-add opportunities - primarily in the anchored retail segment – grocery anchored, community centers, power centers and regional malls.  During his career, he has been directly involved in more than 650 investment transactions primarily grocery anchored & community centers valued in excess of $9 billion. Historically, he has been one of the firm’s top producers including in 2021/2022 where he was responsible for nearly $600M in sales transactions.

Mr. MacLellan has been the lead broker on many large retail transactions throughout the US including: $65M Sunset Esplanade-OR , $200M – Central CA Grocery Anchored Portfolio, $24M Flagstaff Marketplace, $27M Santee Town Center , $28M Costco Plaza- Tempe AZ ,  $24M- Gene Autry Plaza- CA ,$48M Northglenn Marketplace, $79M- The District- NV, $101M US Albertsons Portfolio , $225M Big Box Portfolio- Macerich/Vornado, $350M AIG Retail Portfolio . In addition, Mr MacLellan has transacted nearly $350 million of Hawaii retail assets over his career.

Since joining Faris Lee Investments in 2001, Mr. MacLellan has played a vital role in growing the firm’s business volume and elevating the client base and transaction profile. He was the lead broker in the disposition of the $138 million Torrance Crossroads, considered the pioneer case study for using a break up strategy for retail centers to maximize value. Subsequently, he has led the successful execution of several break up strategies and now is the market strategy for investors.

During his tenure with Faris Lee Investments, Mr. MacLellan has worked with the majority of the retail leaders in the industry – REITs, pension funds, major developers, equity and lenders – including Macerich, Clarion Partners, Invesco, Hutenskey Capital, KIMCO, Phillips Edison, Donahue Schriber, Red Mountain Retail, Fortress, PCCP, Hudson Advisors, Vestar, Vornado, Regency Centers, SITE, LaSalle, PGIM, and LNR. Prior to joining Faris Lee, Mr. MacLellan spent 17 years with CBRE and HFF in Southern California. He is considered one of the elite retail investment brokers in California based on his extensive transaction activity and client list, as well as his successful completion of the most creative and complex retail transactions in the country.

Mr. MacLellan is an active member of the International Council of Shopping Centers (ICSC) and has extensive experience on the ICSC Committee. He is frequently featured as a retail industry expert on panels at the major retail conferences and is an active author for several real estate publications.

Jeff Conover

Jeff Conover

Managing Principal

Jeff Conover joined with Faris Lee Investments in 1998 & was appointed Managing Principal in 2021, and has 36 years of transactional brokerage experience within the commercial real estate industry across the U.S.

As Managing Principal of Faris Lee Investments, a national leading retail advisory and investment sales firm, Mr. Conover is a top producer year-over-year with proven performance specializing in the disposition of single tenant NNN leased investments, multi-tenant shopping centers, national portfolios & sale-leasebacks.

Mr. Conover maintains a high level of control throughout the transaction process, from the initial underwriting and creation of the pricing strategy to closing the deal. He creates and facilitates the marketing, utilizes a high level of sophistication in transaction negotiations, and is able to realize the maximum value for his clients. In addition, he is actively involved throughout the appraisal process, due diligence, financing, and escrow to make sure the deal successfully closes.

Recent record setting transactions include: Foothill Crossing - Rancho Cucamonga, CA ($54M); STNL Whole Foods – New Orleans, LA ($32M); Algiers Plaza – New Orleans, LA ($35M); Marbella Plaza - San Juan Capistrano, CA ($30M); STNL Ross – Pasadena, CA ($28M); Signal Hill Gateway Center Break-Up ($28M); STNL Lowe’s - Shippensburg, PA ($24M); Flagstaff Marketplace – Flagstaff, AZ ($23.5M); STNL Wal-Mart - La Habra, CA ($18M); STNL Tesla – Fayetteville, GA ($14M); Best Buy Portfolio (WI,TX); 24 Hour Fitness Portfolio (CA, NV); Walgreens, Rite Aid & CVS Portfolio (CA, IN); Chevron Portfolio (CA); Big Boy Restaurant Sale Leaseback Portfolio (MI, OH, FL); Albertson’s Portfolio (NV, WA, OR); Floor & Décor Portfolio (CA, TX, GA); Dairy Queen Portfolio (LA); Dutch Bros Portfolio (CA, TX); Villa Capri Motel – Coronado Island, CA ($420,000 per key).

Mr. Conover’s experience and track record at Faris Lee Investments is most evident in his ability to successfully close deals above client expectations. Throughout his career, he has closed over 1500 commercial real estate transactions valuing over $10 Billion. His innovative pricing and marketing strategies have proved to be powerful, resulting in the lowest cap rate to the highest cost psf across the US. Mr. Conover’s client types include merchant developers, private and institutional ownership, 1031 exchange investors, family office, public & private REITs & high net worth individuals.

Prior to joining Faris Lee Investments in 1998, Mr. Conover was a top producing broker with the Grubb & Ellis Company, Newport Beach office and was appointed Vice President. Mr. Conover specialized in tenant representation and property representation services for Retail Commercial Shopping Centers, and provided site acquisition and disposition on behalf of developers and tenants.

Mr. Conover graduated from the University of Arizona with a Bachelor of Science degree, emphasizing business administration. Furthermore, Mr. Conover is an active member of International Council of Shopping Centers (ICSC). He was also licensed (Series 7 and 63) to handle all buy/sell orders on the listed security exchanges and the over-the-counter market. His other avid interests include surfing, skiing and vintage Harley-Davidson motorcycles.

Patty Chin

Patty-Chin

Patty Chin

Chief Financial Officer

As Chief Financial Officer for Faris Lee Investment, Ms. Chin is responsible for all financial reporting and accounting matters for the company.

Ms. Chin brings more than 10 years of an extensive background in real estate tax and complex financial structuring of transactions, as well as corporate tax structure. More specifically, she has been involved in structuring complex 1031 trades, partnership structuring and tenants in common ownership acquisitions and dispositions. Over the course of her career, she has been involved in over $5 billion in transactions.

Ms. Chin joined Faris Lee Investments in 2003. She has helped to create and implement Faris Lee’s corporate governance policies and has been involved with the executive management team in creating the firm’s unique corporate culture and core values. Ms. Chin has previously held the role of Chief Accounting Officer and Executive Senior Vice President for the company.

Prior to joining Faris Lee Investments, Ms. Chin was based in New York City as a senior accountant for a highly reputable private accounting firm. Her client portfolio included prominent physicians and other high level executives. Her work experience encompassed tax strategy and financial planning for high net worth individuals with overall responsibility for their financial statements, tax planning and projections, business and individual income tax returns, payroll taxes as well as government compliance.

Ms. Chin has a bachelor’s degree in Accounting from Pace University in New York.

FARIS LEE NEWS

Subscribe to receive news direct to your inbox.

Copyright © 2019 Faris Lee Investments