FARIS LEE
IN THE NEWS
AZ Retail Asset Acquired by Exchange Buyer for $13.7 Mil
A two-building, NNN-leased retail property in Peoria, AZ was purchased by El Rancho Company, a San Jose -based 1031 exchange buyer, for $13.7 mil ($268/sf).…
Faris Lee Investments Completes $13.7 Million Sale of NNN-Leased Multi-Tenant…
IRVINE, Calif., – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $13.7 million sale of a two-building, NNN-leased retail property in Peoria, Ariz., a major Phoenix submarket. Situated on…
Retail Investment: Stronger Today Than ’07
IRVINE, CA—There are several factors that exemplify how today’s retail-investment market is fundamentally stronger than the 2007 market peak, Donald MacLellan, senior managing partner of…
Single-Tenant QSRs Lead Retail Development
IRVINE, CA—Retail development is improving, but at a pace nowhere near the level of seven to 10 years ago, Shaun Riley, senior managing director of…
Faris Lee Sells $32M Retail Portfolio
Kenwood Pavilion CINCINNATI—Faris Lee Investments, an Irvine, CA-based firm, has just completed the portfolio sale of two fully-occupied retail centers in Kenwood, an suburb of…
Retail Investment Market Reaches Equilibrium
IRVINE, CA—The retail-investment market’s temperature varies according to property type and location, but single-tenant retail is one of the hottest sub-sectors, Nicholas Coo, senior managing…