Faris Lee Arranges $12.7 Million Sale of Multi-Tenant Retail Property in California

Baldwin Park, Calif. — The closing cap rate of the property, built in 1987, was 5.9 percent.

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November 24, 2014
Published in California, Faris Lee Investments, Investment sales, News

Faris Lee Completes Sale of Six Walgreens Properties

Irvine, Calif. — The six Walgreens sold for an aggregate purchase price of approximately $33.3 million.

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February 13, 2013
Published in Faris Lee Investments, News

Faris Lee Sells Three Single-Tenant Deals in the Southeast

Irvine, Calif. — Faris Lee handles sales transactions of three properties tenanted by CVS, Ruby Tuesday and Family Dollar.

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February 14, 2012
Published in Net lease, News

Faris Lee Investments Completes Two Single-Tenant Transactions

Irvine, Calif. — Properties are occupied by Farrell’s Ice Cream Parlour Restaurant and Big 5 Sporting Goods.

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February 8, 2012
Published in Faris Lee Investments, News

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NRF: Holiday Retail Sales Rose 5.3 Percent to $936.3 Billion in 2022

Washington, D.C. — The National Retail Federation (NRF) has reported that retail sales during 2022’s November-December holiday season rose 5.3 percent year-over-year, reaching $936.3 billion. Though the number fell short…

Key Variable Moving Forward in Today’s Market? Motivation from Both Sides

Motivation is one of the prime drivers in any market cycle. Some markets are affected by interest rates and others by inflation. One way or another, however, a retail investment…

Today’s Pricing Strategy is a Mix of Art, Science

There will always be a tug-of-war between retail buyers and sellers — or, really, buyers and sellers of any kind. Both parties want to achieve the best price, but that…

City of Murrieta: Experiential Leads Retail Expansion in Evolving California City

The City of Murrieta, located in Southern California, has seen explosive growth, leading to expanding retail potential — especially in the experiential arena. The city's retail successes have been based on its…

Cullinan Properties: Mixed-Use Properties Use Retail to Drive Value

Real estate is densifying across the country, and retail has become an important amenity as people seek to live, work and play all together in mixed-use locations. The pandemic sped up…

Faris Lee: Abundant Capital, Sales Volume Rise as Investors Pursue Retail

Investment volume, capital and competition in the retail sector have been at unprecedented levels lately, leading to lower cap rates as well as more flexibility than investments in multifamily and…

The Necessity Retail REIT: Growing a Recession-Resilient, Necessity Retail Portfolio

What does it take to build a $5.2 billion recession-resilient, necessity retail property portfolio? Reporter Nellie Day of Retail Insight explored this topic and more with Jason Slear, Executive Vice…

NewMark Merrill: Prop Tech Solutions to Retail Challenges

Shopping center developers, owners and managers are using property technology (prop tech) to make sense of a wealth of new, retail-generated data to create an ongoing, positive experience for customers. Sandy Sigal,…