Shops at Trafalgar Square

Faris Lee Arranges $6.1 Million Sale of Retail Strip, Completes Break-Up Strategy for ALDI-Anchored Center in Metro San Diego

by Julia Sanders

Escondido, Calif. — Faris Lee Investments has arranged the $6.1 million sale of the Shops at Trafalgar Square, a fully occupied, 14,164-square-foot strip center located 30 miles outside San Diego in Escondido. This sale completes the break-up of a larger ALDI-anchored center with an IHOP pad building. Matt Brooks and Joe Chichester of Faris Lee created and executed the break-up strategy for the center’s undisclosed initial owner. The buyer in the transaction was undisclosed.

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