Irvine, CA (March 22, 2018) – Faris Lee Investments is now a strategic partner with X Team Retail Advisors, an integrated retail advisory and brokerage organization consisting of 36 member firms, representing 40 markets across North America, and composed of more than 250 professionals.
By joining X Team, Faris Lee Investments becomes part of a platform for sharing client relationships, industry insights, critical property level intelligence and local market knowledge. With members in most major markets in the United States and Canada, clients of X Team are able to benefit from a unique combination of international scope and extensive local expertise.
“We are proud to be joining X Team as a strategic partner to support and expand investment advisory and brokerage sales for the benefit of our clients and each member firm,” said Rick Chichester, President and CEO, Faris Lee Investments.
“Faris Lee Investments is one of the most well-recognized firms in the United States dedicated solely to investment advisory, analysis, and brokerage of retail real estate,” said Dave Cheatham, President, Velocity Retail Group, and President of X Team. “They are indicative of the quality of firms and people that comprise the X Team platform. By adding Faris Lee we are further broadening the expertise that we can provide to our clients.”
Faris Lee will partner to integrate and leverage X Team’s national platform, and local market expertise of tenant representation and landlord leasing, as well as investment sales.
"The depth, skill, and experience of its member firms, and senior leadership, as well as the strategic North American footprint of the network, distinguishes X Team as one of the largest, most comprehensive, and diversified retail real estate service organizations in the country. This is an exciting opportunity to leverage our collective, retail expertise and provide comprehensive solutions to the market and our clients,” added Chichester.
About Faris Lee Investments: Faris Lee Investments is a leading retail advisory and investment sales firm. The company’s high-level retail investment advisors and sophisticated financing experts develop forward-thinking strategies for all retail acquisitions and dispositions and guide clients through complex transactions. Cumulatively, Faris Lee’s leadership has been involved in more than $20 billion of transactions. Faris Lee’s senior advisors are skilled in disposition and acquisition strategies, asset positioning and valuation, marketing, debt and equity structuring, strategic workout and REO solutions and execution. For more information, visit www.farislee.com.
About X Team Retail Advisors: X Team Retail Advisors is an integrated platform of retail real estate specialists that offers coverage in major markets across the United States and Canada. X Team partners average more than 20 years of industry experience specializing in tenant, property and developer/landlord representation, property dispositions and retail investments. X Team serves as a resource for its partners through leveraging relationships and industry insights, while providing clients with a unique combination of national scope and local market knowledge. For more information, please visit www.xteam.net.