Innovative Advisory Firm Overcomes Market Headwinds to Execute $10.5+ Million Across 3 Retail Transactions, Sourcing Both Local and Out-of-State Capital Delivering High Level Execution in a Changing Market

IRVINE, Calif. — Demonstrating unmatchable market intelligence and an expansive nationwide investor network, Faris Lee Investments has successfully closed three prominent retail transactions across Georgia and South Carolina. Totaling over $10.53 million in volume, these transactions highlight Faris Lee’s ability to unlock maximum value, navigate complex asset challenges, and drive competitive, multi-offer bidding environments across the Southeast region.

By pairing hyper-local market storytelling with national capital reach—specifically bridging West Coast, East Coast, and Sunbelt capital to Southeastern retail corridors—Faris Lee continues to solidify its reputation as a leading institutional advisory firm in the Southeast.

Key Regional Highlights & Success Drivers

Unlocking Value in Non-Traded Categories (Covington, GA — $3,536,000)

• • The Deal: A 3-tenant outparcel pad to Super Walmart anchored by Mattress Firm and North American Dental.
  • Market Milestone: Faris Lee executed the sale of the first Mattress Firm-anchored strip/pad multi-tenant center to sell in Georgia in over four years (per CoStar).
  • Expert Positioning: Facing a historically thinly traded market segment and flat rent structures, Faris Lee targeted owners and brokers in the region highlighting the recent lease renewals across the rent roll and market dominance of Mattress Firm.

Broad Capital Sourcing & Out-of-State Buyer Drive (Douglasville, GA — $3,000,000)

• • The Deal: A 2-tenant NNN investment property featuring Mattress Firm and Aspen Dental, situated at a prime Interstate 20 location adjacent to the highly successful Arbor Place Regional Mall
  • Overcoming Stigma: Faris Lee capitalized on the strength of the Georgia economic growth and demonstrated that underlying rents were below market
  • Result: Faris Lee generated multiple competitive offers from investors across the Southeast, Northeast, and West Coast, ultimately sourcing a Georgia based investor.

Garnered 10 Offers and Delivered Seamless Execution (Spartanburg, SC — $4,000,000)

• • The Deal: A high-profile retail shop space serving Dorman Crossroads in Spartanburg, South Carolina
  • Market Positioning: Faris Lee leveraged Spartanburg’s standing as a Top 10 Growth Market in the U.S., supported by major regional employers such as BMW, Michelin, and General Electric.
  • Overcame Tenancy Objections: Highlighted recent success of Vitamin Shoppe and navigated through objections about recent bankruptcy of its parent company
  • Result: Generated multiple offers from California, Texas, New York, and Southeastern investors, successfully closing with a Southern California 1031 exchange buyer with quick loan approval and seamless execution in escrow

By The Numbers

• • Total Transaction Volume: $10,536,000
  • Aggressive Pricing Achieved: Consistently commanded 6.30% list cap rates across thin or challenging category segments.
  • National Buyer Reach: Sourced multi-state offers and 1031 exchange buyers from California, Texas, New York, the Northeast, and the Southeast.
  • Proven Track Record: Executed landmark sales, including breaking a 4-year market freeze on Mattress Firm multi-tenant centers in Georgia.

About Faris Lee Investments

Faris Lee is a leading national retail investment brokerage firm with 30 years of experience in maximizing value for retail property owners. Guided by core principles of integrity, high level of real estate knowledge, and accountability, the firm is dedicated to delivering exceptional results while maintaining a strong commitment to ethical practices, collaboration, and in-depth real estate knowledge. Faris Lee’s process begins with a deep understanding of each property, followed by the application of market analytics using real-time financial, real estate, and retail data to inform strategic decisions.

By combining cutting-edge research, precise marketing strategies, and a collaborative team approach, Faris Lee maximizes sale proceeds, ensuring clients achieve exceptional results well above the competition. Their team of seasoned professionals brings extensive real estate expertise and a client-focused mindset, ensuring long-term success through creative solutions and unwavering focus for the client.