Press Releases
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...
April 20, 2018
Read MoreFaris 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...
March 22, 2018
Read MoreFaris 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
February 27, 2018
Read MoreFaris 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...
February 15, 2018
Read MoreFaris 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...
February 14, 2018
Read MoreFaris 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
February 12, 2018
Read MoreFaris 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...
February 6, 2018
Read MoreFaris 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...
January 31, 2018
Read MoreFaris 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
January 23, 2018
Read MoreFaris 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....
January 18, 2018
Read MoreFaris Lee Investments Completes $3.17 Million Sale of a Single-Tenant NNN-Lease Property Occupied by Starbucks Coffee in Fontana, California
IRVINE, Calif., January 12, 2018 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $3.17 million sale of a newly developed, 2,500-square-foot single-tenant, triple net-leased retail property that is occupied by Starbucks Coffee with a drive-thru. The...
January 12, 2018
Read MoreFaris Lee Investments Completes $6.1 Million Sale of a Single-Tenant NNN-Lease Property Occupied by Crunch Fitness in Van Nuys, California
IRVINE, Calif., January 11, 2018 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $6.1 million sale of a recently renovated 20,662-square-foot single-tenant, triple net-leased retail property that is occupied by Crunch Fitness in Van Nuys, Calif....
January 11, 2018
Read MoreFaris Lee Investments Completes $6.05 Million Sale of a Single-Tenant Retail Property Occupied by Walgreens in Denver Sub-Market
IRVINE, Calif., December 7, 2017 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $6.05 million sale of a 14,990-square-foot freestanding retail property triple-net leased to Walgreens in Northglenn, CO, a city 20 miles north of downtown...
December 11, 2017
Read MoreFaris Lee Investments Completes $3.5 Million Ground Lease Sale of McDonald’s-Occupied Property in Atlanta, Georgia
IRVINE, Calif., October 25, 2017 – Faris Lee Investments has completed the $3.5 million absolute NNN ground lease sale of a single-tenant freestanding retail building occupied by McDonald’s in Atlanta, GA. Director Scott DeYoung and Senior Managing Director Jeff Conover...
October 25, 2017
Read MoreFaris 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 –...
October 19, 2017
Read MoreFaris 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
October 13, 2017
Read MoreFaris 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...
October 11, 2017
Read MoreFaris 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...
October 9, 2017
Read MoreFaris 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...
September 29, 2017
Read MoreFaris 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,...
September 7, 2017
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