Gene Autry Plaza

Faris Lee Arranges the $23.4 Million Sale of Grocery-Anchored Center in Palm Springs, California

by Julia Sanders

Palm Springs, Calif. — Faris Lee Investments has arranged the $23.4 million sale of Gene Autry Plaza, a Smart & Final grocery-anchored property located adjacent to the Palm Springs Airport and Gene Autry Business District in Palm Springs. Don MacLellan & Rick Chichester of Faris Lee Investments represented the seller, Investec Real Estate Cos., and undisclosed buyer in the transaction. The property is 98 percent occupied by a mix of tenants including food, fitness and health operators.

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