Cypress, Calif. — Faris Lee Investments has arranged the $13 million sale of Meridian Plaza, a 28,500-square-foot shopping center in Cypress. Dollar Tree anchors the property, which is also leased to tenants including Starbucks, H&R Block and Wienerschnitzel. Meridian Plaza
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Laguna Hills, Calif. — Faris Lee Investments has arranged the sale of Moulton Parkway Auto Spa, a full-service car wash and gas station located in Laguna Hills. The retail property is located at the intersection of El Toro Road and
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Fayetteville, Ga. — Faris Lee has arranged the $7 million sale of Satterfield Marketplace, a 12,277-square-foot strip center in Fayetteville. Tenants at the time of sale included a Chipotle Drive-Thru, My EyeLab and Aspen Dental. The property is situated at
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Santa Ana, Calif. — Faris Lee Investments has brokered the $4.3 million sale of a retail property leased to Starbucks Coffee in Santa Ana. Starbucks recently signed a 10-year corporate-guaranteed lease at the site, which is located at 2701 N.
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Lake Worth, Texas and Tooele, Utah — Faris Lee Investments has arranged the sale of two Walgreens-leased properties for a total of $11.1 million. The first property is a 13,548-square-foot Walgreens located at 6244 Lake Worth Blvd., 40 miles west
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Irvine, Calif. — Faris Lee Investments has arranged two ground leases for $6.5 million. The first deal was for a Starbucks Coffee in Riverside, California. A private developer based in Idaho sold the ground lease for $4.3 million to an
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It’s been a rough month and a half for planet Earth, but there are signs of hope. China is returning to normal life as Italy and Spain begin to ease COVID-19 restrictions. The U.S. — the country with most coronavirus-related
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Yorba Linda, Calif. — Faris Lee Investments has arranged $39.6 million in financing for Packing House Square, a mixed-use center located at 18180-18389 Yorba Linda Blvd. in Yorba Linda. The borrower is an undisclosed private investment company. Loan proceeds will
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Victorville, Calif. — Faris Lee Investments has negotiated the $9.5 million sale of a six-tenant, 11,300-square-foot building within Restaurant Row in Victorville. The property is fully leased to leased to Which Wich, Starbucks, Nekter Juice Bar, Pieology, Ono Hawaiian BBQ
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Hayward, Calif. — Faris Lee Investments has brokered the sale of a retail property located at 2401 Whipple Road in Hayward. A private investor acquired the asset from an undisclosed seller for $16 million. LA Fitness (City Sports Club) occupies
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Fontana, Calif. — Faris Lee Investments has arranged the $9.1 million sale of two freestanding outparcel properties located at 17151-17171 W. Foothill Blvd. in Fontana. Shaun Riley and Nick Miller of Faris Lee represented the undisclosed seller and procured the
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Richard Chichester, president and CEO of Faris Lee, knows we’re late in the cycle, but he doesn’t see this as a bad thing. Nor does he see this timing as a cause for near-term concern. “The U.S. is extremely well
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