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Press Releases
Faris Lee Investments Completes $20.675 Million Sale of Southridge Plaza in Fontana, California
IRVINE, Calif., August 9, 2017 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $20.675 million sale of Southridge Plaza, a 119,359-square-foot grocery/drug-anchored retail center in Fontana, Calif. Donald MacLellan, senior managing partner, Nicholas Coo, senior managing...
August 9, 2017
Read MoreFaris Lee Investments Completes $13.5 Million Sale of a CVS/Pharmacy-Occupied Single-Tenant Retail Property in Norwalk, California
IRVINE, Calif., August 3, 2017 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $13.5 million sale of a 24,130-square-foot freestanding retail property triple-net leased to CVS/Pharmacy in Norwalk, Calif. Nicholas Coo, senior managing director, and Joseph...
August 3, 2017
Read MoreFaris Lee Investments Completes $7.3 Million Sale of Palm Canyon Shopping Center in Downtown Palm Springs, California
IRVINE, Calif., July 27, 2017 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $7.3 million sale of Palm Canyon Shopping Center, an approximately 40,000-square-foot retail center located at 471 South Indian Canyon Drive in the heart...
July 27, 2017
Read MoreFaris Lee Investments Completes $2.48 Million Sale of a Single-Tenant NNN-Leased Property Occupied by Starbucks Coffee in Lake Forest, California
Property sells for a record low cap rate of 3.48 percent
July 17, 2017
Read MoreFaris Lee Investments Completes $7.05 Million Sale of The Shops at Hammer & West in Stockton, California
IRVINE, Calif., July 6, 2017 – Faris Lee Investments has completed the $7.05 million sale of The Shops at Hammer & West, a 15,314-square-foot multi-tenant retail strip center in Stockton, Calif. Senior Managing Director Jeff Conover of Faris Lee Investments represented...
July 6, 2017
Read MoreFaris Lee Investments Completes $2.38 Million Sale of a Retail Strip Center in Pueblo West, Colorado
IRVINE, Calif., June 20, 2017 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the nearly $2.38 million sale of Pueblo West Retail Center, a 13,000-square-foot, strip center property in Pueblo West, CO. The triple-net leased asset is...
June 20, 2017
Read MoreFaris Lee Investments Completes $6.6 Million Sale of Mixed-Use Property in Dana Point, California
IRVINE, Calif., June 12, 2017 – Faris Lee Investments has completed the $6.6 million sale of La Plaza Pacifica, an approximately 14,900-square-foot, 95 percent occupied multi-tenant retail and office property in Dana Point, Calif. Senior Managing Director Jeff Conover of Faris...
June 12, 2017
Read MoreFaris Lee Investments Completes $9.2 Million Sale of Cornwell Business Center in Oceanside, California
IRVINE, Calif., June 7, 2017 – Faris Lee Investments, has completed the $9.2 million sale of Cornwell Business Center, a two-building flex industrial property totaling 49,569 square feet in Oceanside, Calif. Senior Managing Director Jeff Conover, and Director Scott DeYoung of...
June 7, 2017
Read MoreFaris Lee Investments Completes $12.5 Million Sale of Two Retail Buildings Occupied by CVS/pharmacy and Starbucks in Paramount, California
IRVINE, Calif., June 6, 2017 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $12.5 million sale of two free-standing, single-tenant net-leased buildings totaling 15,772 square feet on a 1.52-acre land parcel in Paramount, a city within...
June 6, 2017
Read MoreFaris Lee Investments Completes $24.83 Million Sale of Gateway Center in Escondido, California
IRVINE, Calif., May 3, 2017 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the nearly $24.83 million sale of Gateway Center, an 89,625-square-foot retail center in Escondido, Calif. The property is 95 percent occupied with anchor tenants,...
May 3, 2017
Read MoreFaris Lee Investments Completes $4.6 Million Acquisition of a Fully Occupied Retail Center in Katy, Texas
Transaction was a strategic upleg in a 1031 exchange which brought the buyer out of California for a stronger return
April 17, 2017
Read MoreFaris Lee Investments Completes $1.42 Million Sale of a Retail Property in La Jolla, California
IRVINE, Calif., April 14, 2017 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $1.42 million sale of a 2,550-square-foot, multi-tenant property in La Jolla, Calif. Tom Chichester, managing director with Faris Lee Investments, represented the buyer,...
April 14, 2017
Read MoreFaris Lee Investments Completes $4.85 Million Sale of a Rite Aid-Occupied Single Tenant Retail Property in Pomona, California
IRVINE, Calif., March 7, 2017 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $4.85 million sale of a 16,708-square-foot, single-tenant triple-net leased property occupied by Rite Aid in Pomona, Calif. Jeff Conover, senior managing director with...
March 7, 2017
Read MoreFaris Lee Investments Completes $3.54 Million Sale of a Denny’s-Occupied Single Tenant Retail Property in Riverside, California
IRVINE, Calif., March 1, 2017 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the approximately $3.54 million sale of a 3,700-square-foot, single-tenant triple-net leased property occupied by Denny’s in Riverside, Calif. Denny’s has been at this proven...
March 1, 2017
Read MoreFaris Lee Investments Taps Developer, Long-Time Client Gene Ventura to Head Chicago Office Expansion
IRVINE, Calif., February 13, 2017 – Faris Lee Investments has announced the addition of Gene Ventura as senior managing director. Ventura, an office and retail developer and long-time Faris Lee client, brings three decades of commercial...
February 13, 2017
Read MoreFaris Lee Investments Completes $3.28 Million Sale of a U.S. Bank-Occupied Single Tenant Retail Property in Hesperia, California
IRVINE, Calif., January 31, 2017 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $3.28 million sale of a single-tenant triple-net leased property occupied by U.S. Bank in Hesperia, Calif. Nicholas Coo, senior managing director, and Joseph...
January 31, 2017
Read MoreFaris Lee Investments Completes $5.2 Million Sale of a Multi-Tenant Retail Property in Lathrop, California
IRVINE, Calif., December 12, 2016 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $5.2 million sale of Lathrop Crossing, a 16,303-square-foot multi-tenant retail property in Lathrop, Calif., a Central California city located south of Stockton. Jeff...
December 12, 2016
Read MoreFaris Lee Investments Completes Record-Breaking Ground Lease Sale of Newly Developed El Pollo Loco-Occupied Property in Moreno Valley, California
IRVINE, Calif., October 25, 2016 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $1.62 million ground lease sale of a freestanding, 2,975-square-foot retail property in Moreno Valley, Calif. The property includes a newly developed single-tenant restaurant...
October 25, 2016
Read MoreFaris Lee Investments Crafts Complex Transaction Strategies to Close $56 Million Sale of Shopping Center in Rancho Santa Margarita, California
IRVINE, Calif., October 20, 2016 – Faris Lee Investments is pleased to announce the successful close of escrow on a highly complex real estate transaction that has resulted in the $56.6 million sale of a legacy quality shopping center in...
October 20, 2016
Read MoreFaris Lee Investments Completes $7.75 Million Sale of CVS-Occupied Single Tenant Retail Property in Daly City, California
Zero cash flow property sells at 40% equity over debt, breaking national record
October 13, 2016
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