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 $3.53 Million Sale of a Two-Tenant Retail Property in Moreno Valley, California

IRVINE, Calif., October 19, 2017 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the approximately $3.53 million sale of a 6,440-square-foot retail building in Moreno Valley, Calif. The property is fully occupied by two corporate tenants –...
Read More

Faris Lee Investments Completes Two Sales Totaling $7.35 Million at Destination O-Eight Retail Center in Palmdale, California

Two new freestanding buildings are occupied by Planet Fitness and Dollar Tree
Read More

Faris Lee Investments Completes $48 Million Sale of Northglenn Marketplace in Denver Colorado Area

IRVINE, Calif., October 11, 2017 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $48 million sale of Northglenn Marketplace, a 439,063-square-foot community center in Northglenn, CO, within the Denver MSA. Donald MacLellan, senior managing partner, Rick...
Read More

Faris Lee Investments Completes $3.35 Million Sale of a Retail Property Occupied by Slim Chickens in a Suburb of San Antonio, Texas

IRVINE, Calif., October 10, 2017 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $3.35 million sale of a recently developed 3,818-square-foot single-tenant retail property occupied by Slim Chickens, an expanding fast-casual restaurant chain. The property is...
Read More

Faris Lee Investments Completes $21.8 Million Sale of Coconut Grove Marketplace in Kailua-Kona, Hawaii

IRVINE, Calif., September 28, 2017 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $21.8 million sale of Coconut Grove Marketplace, an oceanfront 49,513-square-foot retail center located at 75-5815 Ali’i Drive in the retail hub of Kailua-Kona...
Read More

Faris Lee Investments Completes $4.025 Million Sale of a Newly Redeveloped Retail Property in Riverside, California

IRVINE, Calif., September 7, 2017 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $4.025 million sale of a 5,231-square-foot retail property leased to three food operators in Riverside, Calif. The tenants include Jamba Juice, Jimmy John’s,...
Read More

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...
Read More

Faris 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...
Read More

Faris 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...
Read More

Faris 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
Read More

Faris 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...
Read More

Faris 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...
Read More

Faris 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...
Read More

Faris 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...
Read More

Faris 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...
Read More

Faris 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,...
Read More

Faris 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
Read More

Faris 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,...
Read More

Faris 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...
Read More

Faris 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...
Read More

Newsletter

Newsletter

Please join us in welcoming Patrick Toomey to the Faris Lee team

Patrick joins the firm as senior managing director, and will lead business development, increase transaction volume, and anchor Faris Lee’s new Los Angeles office. He brings three decades of transactional and team-building experience to his...
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 2016 Events

Media Coverage

Media Coverage

Faris Lee Arranges $7.4 Million Sale of Two Retail Buildings in Palmdale, California

  PALMDALE, CALIF. — Faris Lee Investments has arranged the sale of two single-tenant, freestanding retail buildings in Palmdale for a combined total of $7.4 million. The newly developed properties are located within the Destination O-Eight...
Read More

Faris Lee Arranges $7.4 Million Sale of Two Retail Buildings in Palmdale, California

Palmdale, California — Faris Lee Investments has arranged the sale of two single-tenant, freestanding retail buildings in Palmdale for a combined total of $7.4 million. The newly developed properties are located within the Destination O-Eight power...
Read More

Two Freestanding Buildings within Palmdale Power Center Go for $7.35 Mil

Two newly developed buildings located within the Destination O-Eight retail power center in Palmdale have sold for a combined $7.35 mil. Together, the properties total 30k sf.  One of the assets, occupied by Planet Fitness,...
Read More

Colorado Retail Center Sells for $48 Mil

Hutensky Capital Partners III LLC paid $48 mil for Northglenn Marketplace, a 439k sf, community center in Northglenn, CO, within the Denver MSA. Built in 1999 and located at 10578 Melody Dr, the center is...
Read More

Hutensky Capital Partners Acquires Power Center in Metro Denver for $48M

NORTHGLENN, COLO. — Hutensky Capital Partners has purchased Marketplace at Northglenn, a 439,000-square-foot shopping center in Northglenn, a northern suburb of Denver, for $48 million. The center is shadow-anchored by Lowe’s Home Improvement, and is...
Read More

Denver-Area Retail Property Backing Troubled CMBS Loan Sells for $48Mln

Hutensky Capital Partners has paid $48 million, or just less than $110/sf, for the Northglenn Marketplace, a 439,063-square-foot retail center in the Denver suburb of Northglenn, Colo. The Hartford, Conn., investment manager bought the property,...
Read More

Here’s the Skinny on Recent Slim Chickens Buy in Texas

Arkansas-based Frost Commercial LLC paid $3.35 mil for a recently developed, 3.8k sf ($882/sf) single-tenant retail property in the city of Helotes, a suburb of San Antonio, TX. The property is occupied by Slim Chickens,...
Read More

Frost Commercial Plucks Slim Chickens Location

Arkansas Firm Buys Recently Built Fast Food Restaurant in Helotes for $3.35 Million
Read More

Exploring The Dichotomy Of Brick-And-Mortar Retail

LOS ANGELES—This has been an interesting year for the retail market. From Amazon’s purchase of Whole Foods to the Toys “R” Us bankruptcy, there have been a lot of changes for brick-and-mortar retail—and they are giving a contrasting view of...
Read More

Honolulu-Area Oceanfront Retail Center Changes Hands

J.H. Real Estate Partners acquired the Coconut Grove, a 49,500-square-foot shopping center in Kailua-Kona, Hawaii, from Hudson Advisors. Donald MacLellan and Rick Chichester of Faris Lee Investments represented both the seller and the buyer in the transaction.
Read More

Faris Lee Arranges $21.8M Sale of Retail Center in Hawaii

KAILUA-KONA, HAWAII — Faris Lee Investments has arranged the $21.8 million sale of Coconut Grove Marketplace, a 49,513-square-foot retail center in Kailua-Kona. Donald MacLellan and Rick Chichester of Faris Lee represented the seller, Hudson America...
Read More

Shining Reality into Retail: Q&A with Faris Lee’s Richard Chichester

It seems as though business news stories of late have been focused on the trials and tribulations of retail, from Toys ‘R Us declaring bankruptcy to Amazon buying Whole Foods. Connect Media chatted with Richard...
Read More

Retail: Evolution Vs. Extinction

The doomsday predictions for retail have not come to pass, but the sector still has some concerns going forward. Donald MacLellan of Faris Lee Investments examines the current environment in this EXCLUSIVE commentary.
Read More

Better Investment Value Today Can Mean Looking Outside Retail Borders

IRVINE, CA—As retail continues to reinvent itself, the sector is a proving a challenge for even the most experienced investor. As senior managing director Nicholas Coo of Faris Lee Investments sees it, a careful and creative approach that considers each individual...
Read More

$4.025 Million Sale Of Redeveloped Retail Property In Riverside

Riverside, CA – Faris Lee Investments has completed the $4.025 million sale of a 5,231-square-foot retail property leased to three food operators in Riverside, Calif. The tenants include Jamba Juice, Jimmy John’s, and Tokyo Joe’s. The property was...
Read More

Fully Leased Riverside Retail Property Sells for $769/sf

A 5.2k sf retail property leased to three food operators in Riverside has sold for $4 mil, or around $769/sf. The property was 100% pre-leased to Jamba Juice, Jimmy John’s, and Tokyo Joe’s prior to...
Read More

Retail property in Riverside sells

A neighborhood retail center next to Riverside Plaza that recently underwent a major renovation has been sold. The property, at 3739-3747 Central Ave., changed hands for a little more than $4 million, Faris Lee Investments...
Read More

SoCal center sells for $20.7 million

A limited partnership has purchased the 110,359-sq.-ft. Southridge Plaza in Fontana, California for $20.7 million. Anchored by a Rio Ranch Market, the necessity-based center is strong among Hispanic consumers in this town just east of...
Read More

Faris Lee Arranges $20.7 Million Sale of Southridge Plaza Near San Bernardino

Fontana, Calif. — Faris Lee Investments has arranged the $20.7 million sale of Southridge Plaza, a 119,359-square-foot shopping center located nine miles west of San Bernardino in Fontana. Rio Ranch Market anchors the center, which is nearly...
Read More

Fontana shopping center sells

A neighborhood shopping center in Fontana has been sold.. Southridge Plaza, which covers nearly 120,000 square feet at Cherry and Live Oak avenues, sold for $20.6 million, Faris Lee Investments announced last week. The seller...
Read More