FARIS LEE
IN THE NEWS
Bridging the Buyer/Seller Expectation Gap for Retail in 2016
NEW YORK CITY—Major consolidations among institutions and retailers have shaken up the retail sector, tightening yields for the investor looking for safe returns. Will this trend continue…
The Shops at Deer Grove in Chicago Suburb
IRVINE, Calif., November 18, 2015 – Faris Lee Investments, a leading national retail advisory and investment sales firm, has completed the $7.1 million sale of The Shops at Deer Grove in Palatine, IL, a suburb of…
Net Lease Column: The Art of the Deal
Buyers are scouring the market for net-leased retail product. To close a successful deal, however, property owners would do well to follow two key tenets:…
Fitness Center Fetches Top Dollar
As the Greater Las Vegas retail investment market gets into shape, it seems appropriate that a fitness facility has traded for top dollar. Life Time Fitness’location…
Single-Tenant Lifetime Fitness Property in Summerlin Sells for Over $50…
A 145k sf, single-tenant retail property in Summerlin, NV that is NNN-leased to Lifetime Fitness sold for $51 mil, or around $352/sf. We’re told this…
Fitness Center Building Brings $51M
SUMMERLIN, NV—Faris Lee Investments, a leading national retail advisory and investment sales firm has completed the $51 million sale of a freestanding, 145,000-square-foot, single-tenant retail property NNN-leased to Life Time…