Retail Investment Sales Advisory Transaction of a Discount Store in The Southeast

IRVINE, Calif., – January 5, 2022 - Faris Lee Investments, a leading retail advisory, and investment sales firm, has completed the 4.825 million sale of a high yield daily need shopping center anchored by Dollar Tree in Slidell, LA

1. High Yield Daily Need Shopping Center Anchored By Dollar Tree
2. Positioned the Property as below Replacement Cost and Potential Break up Strategy
3. Targeted Local Developers & 1031 Exchange Buyers within Their Final Days to Id Their 1031 Exchange
4. Procured Multiple Offers and Closed within 90 Days of Signing the Listing Agreement at 98% of the List Price
5. Closed With a 1031 Exchange Buyer from New York

About Faris Lee Investments:

Faris Lee Investments is a retail brokerage advisory firm founded in 1996 and is based in Irvine, California. The firm specializes in commercial real estate investment sales, brokerage, and advisory services. In addition, the firm provides a national marketing platform of properties for sale, asset appraisal, property valuation, debt structuring, negotiation, market research, and analysis services. Faris Lee combines underwriting and research that exceeds industry standards with a marketing strategy to transform investment potential, enhance value and provide their clients the competitive advantage needed when making investment decisions. The firm also serves as institutional advisors in the areas of acquisitions and dispositions, merchant banking, distressed asset disposition, private equity, and corporate sale-leaseback. For more information, visit www.farislee.com