FARIS LEE
IN THE NEWS
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…
Faris Lee Investments Completes Record-Breaking, $51 Million Sale of Single-Tenant…
IRVINE, Calif., September 29, 2015 – 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 Fitness…
Taking Millennial Trends Into Account
Fifteen years ago, the traditional indoor mall was the place to be for both teenagers and adults. The mall was a social gathering place, and…
Retail Remains Attractive to Investors
Continuing with our 15th anniversary coverage on where retail has been, where things stand today and where things are headed, Rick Chichester, president and CEO of Faris Lee Investments,…
Bakersfield Jack in the Box Sells at 3.99% Cap Rate
A private investor from Cypress, CA paid $1.85 mil for a 3.7k sf ($500/sf), single-tenant property that is absolute NNN-leased to a corporate Jack in…