Talks of tariffs and trade wars have dominated the news lately as the U.S. negotiates abroad over everything from immigration deals with Mexico to intellectual property protection (or lack thereof) in China. Though a deal was reached with Mexico earlier
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Irvine, Calif. — Faris Lee Investments has arranged the sale of a retail property located in Irvine. A Los Angeles-based buyer acquired the asset from an Irvine-based seller for $6.9 million. Restoration Hardware occupies the property. Rick Chichester, Tom Chichester
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It’s been a rollercoaster ride for retail, but Rick Chichester, president and CEO of Faris Lee, believes it’s smooth sailing ahead through at least the remainder of 2019, if not longer. This sense of security is largely due to the
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Faris Lee’s Rick Chichester believes the U.S. economy may have a stiff price to pay for the low interest rate environment that has continued well after the recovery. Unemployment is low. Consumer confidence is high. The Dow is around 26,000,
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Indio, Calif. —Faris Lee Investments has arranged the sale of two retail strip centers — Rubidoux Plaza and South Rubidoux — in Indio. The properties sold for a combined total of $4.6 million. Totaling nearly 20,000 square feet, the retail
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This year got off to an interesting start, considering it ushered in the longest government shutdown in U.S. history. The 35-day shutdown — spanning from Dec. 21, 2018, to Jan. 25, 2019 — caused The Conference Board’s U.S. Consumer Confidence
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Technology, e-commerce and omnichannel solutions have penetrated nearly every corner of American consumerism, with few holdouts. One of those holdouts up until recently was the grocer landscape. It’s easy to see why. Two-day delivery can be enticing when you’re ordering
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Phoenix — Faris Lee Investments has arranged the $9.8 million sale of a retail property located in Phoenix.
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Walnut, Calif. — Faris Lee Investments has arranged the sale of Walnut Town & Country, a multi-tenant retail center located in Walnut.
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Palmdale, Calif. — Faris Lee Investments has arranged the sale of a newly constructed, single-tenant retail building located in the Southern California community of Palmdale.
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Orange, Calif. — Faris Lee Investments has arranged the $2.3 million sale of a 3,600-square-foot, single-tenant retail property in Orange, a city in Southern California.
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Torrance, Calif. — Faris Lee Investments has arranged the $21 million sale of Southwood Village, a 66,958-square-foot shopping center in Torrance, a city in southern California.
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