CLOSE  [X]
E-Mail Signup
Sign up for news and information about our property listings.

Broker
Investor

close
TOP

News

Press Releases

Faris Lee Investments Completes $18 Million Sale of Regional Mall in Janesville, WI

Irvine, CA (July 27, 2018) – Faris Lee Investments, a leading retail advisory and investment sales firm, closed on the sale of Janesville Mall, a 600,650 square foot regional mall located in Janesville, WI for...
Read More

Faris Lee Investments Builds Upon Capital Markets Expertise

Irvine, CA (July 26, 2018) – Faris Lee Investments is building upon its capital markets business nationally with the appointment of Jay Quinn as Senior Managing Director, Capital Markets. The firm plans to further integrate its...
Read More

Faris Lee Investments Completes $2.38 Million Ground Lease Sale of a Single-Tenant Retail Property Occupied by El Pollo Loco in Sacramento

IRVINE, Calif., July 10, 2018 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $2.38 million ground lease sale of a 2,993-square-foot single-tenant retail property that is absolute triple-net leased by El Pollo Loco in Sacramento....
Read More

Faris Lee Investments Completes $9.8 Million Acquisition of a Single-Tenant Retail Property Occupied by Safeway in Phoenix, Arizona

IRVINE, Calif., July 2, 2018 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $9.8 million acquisition of a 55,259-square-foot retail property that is triple-net leased by Safeway in Phoenix. Managing Director Christopher DePierro of Faris...
Read More

Faris Lee Investments Completes $21.89 Million Sale of The Trails Shopping Center in Ormond Beach, FL

 IRVINE, Calif., June 29, 2018 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $21.9 million sale of The Trails Shopping Center, a 135,286-square-foot Publix-anchored retail property in Ormond Beach FL, a city within the greater...
Read More

Faris Lee Investments Completes $10.75 Million Sale of Retail Center in Walnut, California

IRVINE, Calif., June 21, 2018 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $10.75 million sale of Walnut Town & Country, a 22,322-square-foot multi-tenant retail center in Walnut, Calif. The center is 95 percent occupied...
Read More

Faris Lee Investments Completes $10.15 Million Sale of Single-Tenant Retail Property Occupied by Hobby Lobby in Palmdale, California

IRVINE, Calif., May 2018 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $10.15 million sale of a newly constructed single-tenant, 54,942-square-foot retail building fully occupied by Hobby Lobby. The triple-net leased asset is located within...
Read More

Faris Lee Investments Completes $2.3 Million Sale of Retail Property in Orange, California

Restaurant space to be converted to dental offices for use by new owner
Read More

Faris Lee Investments Brokers Strategic 96,000-Square-Foot Acquisition of Industrial Property for Buyer Trading out of a Single-Tenant Retail Property

IRVINE, Calif., May 8, 2018 – In a strategic move to maximize long-term returns for its client, Faris Lee Investments has brokered the $5.63 million acquisition of an approximately 96,000-square-foot industrial property in San Antonio, TX. Faris Lee advised the client...
Read More

Faris Lee Investments Completes $3.8 Million Sale of New Blaze Pizza and Habit Burger Building in Los Banos, CA

Property with Drive-Thru is Located at Entrance to High-Traffic Shopping Center
Read More

Faris Lee Investments Completes Clients 1031 Exchange Through Upleg Purchase of a $2.25 Million Sale of a Single-Tenant Triple-Net Leased Property Occupied by Jack in the Box in St. George, Utah

IRVINE, Calif., April 20, 2018 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $2.25 million sale of a 3,260-square-foot single-tenant retail property that is triple-net leased to a Jack in the Box franchisee. Managing Directors Joe...
Read More

Faris Lee Investments Joins X-Team Retail Advisors

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...
Read More

Faris Lee Investments Completes $5.48 Million Ground Lease Sale of Raising Cane’s in Laguna Hills, CA

South Orange County Trophy Property is Across the Street from Laguna Hills Mall
Read More

Faris Lee Investments Completes $10 Million Sale of Rite Aid-Occupied Property in Los Angeles, California

IRVINE, Calif., February 15, 2018 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $10 million sale of a 12,573-square-foot retail property on 1.08 acres located at 959 Crenshaw Blvd. in Los Angeles. The free-standing building is...
Read More

Faris Lee Investments Completes $21 Million Sale of Southwood Village in Torrance, California

IRVINE, Calif., February 14, 2018 – Faris Lee Investments has completed the $21 million sale of Southwood Village, a 66,958-square-foot neighborhood retail center in Torrance, Calif. Faris Lee’s President and CEO Richard Chichester and Senior Managing Partner Donald MacLellan represented...
Read More

Faris Lee Investments Completes $16.8 Million Sale of a CVS/Pharmacy-Occupied Single-Tenant Retail Property in San Francisco

Transaction breaks records for lowest cap rate and highest price per square foot for a CVS property sold over $10 million
Read More

Faris Lee Investments Completes $15 Million Sale of Office Building in Long Beach, California

IRVINE, Calif., February 6, 2018 – Faris Lee Investments has completed the $15 million sale of a newly built, freestanding, 40,376-square-foot office building in Long Beach, Calif. It is fully occupied by United Pacific, one of the largest independent owners...
Read More

Faris Lee Investments Completes $5.73 Million Sale of Lakeshore Village Marketplace in Moreno Valley, California

IRVINE, Calif., January 31, 2018 – Faris Lee Investments has completed the $5.73 million sale of Lakeshore Village Marketplace, a value-add, 80,000-square-foot neighborhood retail center in Moreno Valley, Calif. Faris Lee’s Senior Managing Partner Donald MacLellan and Director Joseph Chichester...
Read More

Faris Lee Investments Completes $4.82 Million Sale of Baker Ranch Center in Lake Forest, California

Retail property sale breaks record for one of the highest price per square foot at over $800 for South Orange County for past 12 months
Read More

Faris Lee Investments Completes $15 Million Sale of a CVS Beach Garfield Center in Huntington Beach, California

IRVINE, Calif., January 18, 2018 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $15 million sale of CVS Beach Garfield Center, a 31,140-square-foot neighborhood retail property anchored by CVS/pharmacy on Beach Blvd. in Huntington Beach, Calif....
Read More

Newsletter

Newsletter

Faris Lee Investments Joins X-Team Retail Advisors

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...
Read More

A Missing Marketplace: Joint Venture Advisory Fills a CRE Void

Although Faris Lee’s primary business remains advising investors and developers looking to sell or acquire assets, joint venture advisory has emerged as an in-demand and synergistic offering. Senior managing director, Nicholas Coo explains.  A successful...
Read More

Client Perspective: “Faris Lee is a Different Breed of Broker”

Sustaining relationships over time is critical to brokerage success. Long-time Faris Lee client, Joe Goveia, Owner of Goveia Commercial Real Estate (GCRE), tells us what he values most and how Faris Lee has helped him...
Read More

Mind the Gap: Buyers vs. Sellers at Year-End 2016

Faris Lee director, Joe Chichester, examines the seller’s perspective, while senior managing director, Shaun Riley, speaks from the buyer’s standpoint on how pricing looks for retail assets in today’s market. The Sell Side: Joe Chichester...
Read More

A Message From the President and CEO, Rick Chichester

The November election, both historic and unprecedented, certainly has everyone asking the obvious questions of how, why and what. How did this happen? Why did this happen? What does this mean? In my opinion, the...
Read More

What’s Your Retail Game Plan?

Visit Faris Lee at ICSC San Diego to Create a Winning Strategy - Booth #603
Read More

The Raw Ingredients for Grocery Success in California

By Don MacLellan, Senior Managing Partner
Read More

When Creativity Conquers Complexity, Everyone Wins

Faris Lee Excels in a Deal that Presented Some Tough Challenges
Read More

Reading the Economic Tea Leaves

By Rick Chichester, President and CEO
Read More

Schedule a Meeting with us at ICSC RECon – May 22-25, Las Vegas

Our team is looking forward to the annual journey to Las Vegas for ICSC RECon. There is no better place to get immediate input and insight on the trends driving every sector of retail from...
Read More

Three Questions with Shaun Riley, Senior Managing Director, Faris Lee Investments

What economic trends are you watching? There is ongoing volatility in financial, materials, and energy sectors this year, plus we’re experiencing meager economic growth abroad leading to negative interest rates. Investors lack confidence in alternative...
Read More

Direct vs Fund Investing: What We Heard at the Real Estate Family Office & Private Wealth Management Forum

If you’re looking for real estate investment diversification strategies, perhaps you’ve considered the merits of direct investment vs funds. Rick Chichester, CEO of Faris Lee Investments, spoke as part of a panel presentation that discussed...
Read More

Tailored Real Estate Strategies for High-Net-Worth Investors : The Webinar

Thank you for joining our presentation of Tailored Real Estate Strategies for High Net Worth Investors. Download a copy of the PPT slides or a copy of Rick’s personal notes from the webinar. For a copy of...
Read More

A Message from the CEO – Rick Chichester

I recently had the pleasure of partnering with Ethan Penner, founder and managing partner, Mosaic Real Estate Investors, to develop and present a webinar with National Real Estate Investor. The webinar was designed for the...
Read More

Events

Faris Lee 2018 Events

Media Coverage

Media Coverage

Regional Mall Trades for $18M in Janesville

August 7, 2018 Faris Lee Investments has closed on the sale of Janesville Mall, a 600,650-square-foot regional center in Janesville, WI for $18 million. The firm’s Don MacLellan, senior managing director, and Rick Chichester, president...
Read More

Faris Lee Investments Makes Strategic Hire to Integrate its Capital Markets Strategies

Jay Quinn Joins Irvine Office
Read More

Jay Quinn Joins Faris Lee’s Capital Markets Team

July 27, 2018 Irvine, CA-based Faris Lee Investments expanded its capital markets business nationally with the appointment of Jay Quinn as Senior Managing Director, Capital Markets. The firm plans to further integrate its capital strategies to maximize...
Read More

Faris Lee Hires Senior Capital-Markets Director

Irvine, California–based Faris Lee Investments has hired Jay Quinn as senior managing director, capital markets. In his new role, Quinn will focus on origination, structuring, and marketing of debt-and-equity finance transactions across the U.S. Quinn...
Read More

Faris Lee Negotiates $10.5M Sale of 54,942 SF Retail Property in Palmdale

PALMDALE, CALIF. — Faris Lee Investments has arranged the sale of a newly constructed, single-tenant retail building located at 40022 10th St. West in Palmdale. Southern California-based HFC/PRP Palmdale sold the property to Valuerock Investments Partners...
Read More

What Not To Fear In Retail’s Time Of Change

IRVINE, CA—The specter of technology has cast a gloom over the retail sector in recent years. But as each store announces closings, other retailers are working creatively and embracing experiential and other alternative strategies to...
Read More

Faris Lee Brokers $5.6M Sale of 96,000 SF Industrial Asset in San Antonio

SAN ANTONIO — Irvine, Calif.-based Faris Lee Investments has brokered the approximately $5.6 million sale of a 96,000-square-foot industrial asset in San Antonio. The property is situated on five acres at 1949 Hormel Drive near the downtown area...
Read More

Faris Lee Arranges $2.3 Million Sale of Single-Tenant Retail Property in Southern California

  Orange, Calif. — Faris Lee Investments has arranged the $2.3 million sale of a 3,600-square-foot, single-tenant retail property in Orange, a city in Southern California. Thomas Chichester, Joseph Chichester and Matt Brooks of Faris Lee...
Read More

Why Middle Market Retail Can’t Be Ignored

IRVINE, CA—With all eyes focused on the fate—for good or ill—of big box stores and grocery-anchored centers, other categories have managed to…
Read More

Faris Lee Negotiates $2.2M Sale of Jack in the Box-Leased Property in St. George, Utah

  ST. GEORGE, UTAH — Faris Lee Investments has brokered the sale of a single-tenant retail property located at 1596 S. Convention Center Drive in St. George. An undisclosed seller sold the building for $2.2 million. Jack in...
Read More

Faris Lee Negotiates $2.2M Sale of Jack in the Box-Leased Property in St. George, Utah

Posted on April 23, 2018 by Amy Works in Acquisitions, Restaurant, Retail, Utah, Western   ST. GEORGE, UTAH – Faris Lee Investments has brokered the sale of a single-tenant retail property located at 1596 S. Convention Center Drive in St. George. An undisclosed seller...
Read More

Faris Lee Joins X Team Retail Advisors

Partnership Between Irvine Firm, Retail Brokerage Network an 'Opportunity to Leverage Our Collective, Retail Expertise'
Read More

Retail Is Becoming A Niche Market

As the retail market evolves, retail brokerage is quickly adapting with new training programs for the next generation.
Read More

Faris Lee Investments Joins X Team Retail Advisors

Irvine, CA-based Faris Lee Investments is now a strategic partner with X Team Retail Advisors, an integrated retail advisory and brokerage organization. The group consists of 36 member firms representing 40 markets across North America, and comprised...
Read More

Faris Lee Investments Joins X-Team Retail Advisors

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...
Read More

Faris Lee Partners With X-Team

The two retail advisory and brokerage firms form a strategic partnership to better service clients and curb competition, GlobeSt.com has learned EXCLUSIVELY.
Read More

Ground-Leased Raising Cane’s Restaurant Sells for $5.5 Mil

A Redondo Beach-based private investor paid $5.48 mil for a ground-leased Raising Cane’s property in Laguna Hills. According to Costar, the transaction is the first sale of a single-tenant Raising Cane’s in California.  The property...
Read More

Faris Lee Brokers $10M Sale of Rite Aid-Occupied Property in Los Angeles

LOS ANGELES — Faris Lee Investments has arranged the sale of a retail property located at 959 Crenshaw Blvd. in Los Angeles. Rite Aid occupies the 12,573-square-foot building, which is situated on 1 acre. A...
Read More

Moreno Valley’s Lakeshore Village Marketplace sold

By RICHARD K. DE ATLEY | PUBLISHED: February 19, 2018 at 2:02 pm | UPDATED: February 19, 2018 at 2:04 pm Lakeshore Village Marketplace, an 80,000 square-foot shopping center in the Sunnymead Ranch neighborhood of Moreno Valley, has been sold...
Read More

Faris Lee Arranges Sale of Retail Center in CA

Southwood Village, a 66,958-square-foot facility in Torrance, Calif. traded to a private 1031-exchange buyer, based in the South Bay. The asset changed hands for $21 million.
Read More