Summerlin, Nev. — Faris Lee Investments has arranged the $51 million sale of a freestanding, 145,000-square-foot single-tenant property triple-net leased to Life Time Fitness in the Las Vegas suburb of Summerlin.
Vallejo, Calif. — Faris Lee Investments has arranged the $4.88 million sale of a 16,500-square-foot single-tenant, triple-net lease CVS/pharmacy located in Vallejo.
Riverside, Calif. — Faris Lee Investments has arranged the $13 million sale of Tyler Village, a 91,498-square-foot neighborhood retail center located in Riverside.
Irvine, Calif. — Irvine-based Faris Lee Investments has arranged the sale of two single tenant buildings occupied by Walgreens and Miller’s Ale House Restaurant.
Kenosha, Wis. — Faris Lee Investments has arranged the sale of Windsor Pointe, a 13,965-square-foot, fully occupied multi-tenant retail center located in Kenosha, Wisconsin for $4.6 million.
St. Matthews, Ky. — Faris Lee Investments has brokered the $46.1 million sale of Bluegrass Manor Shopping Center, a Whole Foods-anchored shopping center in St. Matthews, a suburb of Louisville.
Santa Fe Springs, Calif. — Faris Lee Investments has negotiated the $3.65 million ground-lease sale of a single-tenant retail property occupied by Jack in the Box in Santa Fe Springs.
Baldwin Park, Calif. — Faris Lee Investments has completed the $2.7 million sale of a single-tenant NNN-leased property occupied by O’Reilly Auto Parts in Baldwin Park.
National chains and large corporations are great for many things, but there is no doubt that America’s 23 million small businesses, including mom-and-pop retailers, fulfill a huge niche in the marketplace as well. By Nellie Day
Vista, Calif. — The 17,855-square-foot Breeze Hill Commercial Center is fully occupied by eight tenants, half of which are national tenants and half of which are regional.