FARIS LEE
IN THE NEWS
Chichester: Retail Sector Seeing “Excitement and Stability”
NEW YORK CITY—During the International Council of Shopping Centers New York National Deal Making Conference, Faris Lee Investments CEO and president Rick Chichester took time…
Faris Lee Investments Completes $5.04 Million Sale of NNN-Leased Single-Tenant…
IRVINE, Calif., – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $5.04 million sale of an 8,118-square-foot, single-tenant, NNN-leased retail property fully occupied by Citibank in Costa Mesa, Calif.…
Retail Property Appreciates 25% in 3 Years
BALDWIN PARK, CA—A 24,262-square-foot retail property has appreciated 25% in the three years due to the improving market. Gershman Properties purchased the 13-tenant site three years ago for $9.7…
Faris Lee Investments Completes $6.1 Million Sale-Leaseback of NNN-Leased Single-Tenant…
IRVINE, Calif., – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $6.1 million sale-leaseback of a 16,600-square-foot, single-tenant, NNN-leased retail property fully occupied by Kiddie Academy in Irvine, Calif.…
San Gabriel Valley Retail Asset Sells for Over $500/sf
A fully occupied, 24.3k sf, multi-tenant retail property in Baldwin Park has sold for $12.7 mil, or $523/sf. It was purchased by Baldwin Park Plaza…
Shippensburg Lowe's Sells for $24.4M
New York-based ARC Real Estate Group LLC acquired the retail building at 250 S. Conestoga Dr. in Shippensburg, PA from Bountiful, a Utah-based affiliate of…