Faris Lee Appoints Conover, MacLellan and Riley to Managing Principals

Faris Lee Investments has posted record transactions during the past year as investors look to deploy capital earned in other sectors into retail commercial real estate. The business outlook continues to be active for the foreseeable future, and the pandemic and perceived changes to the retail landscape have not impacted investment in the sector. It remains to be seen whether an uptick in interest rates toward the end of 2022 will take effect, but this probability has not dampened appetites to invest in a resilient market.

In line with these market dynamics, Faris Lee Investments recently announced the appointment of Jeff Conover, Don MacLellan and Shaun Riley to managing principals. Conover, MacLellan and Riley are long-time executives at the company, with decades of experience in the industry.

“This is an exciting time for us as new leaders, but also for the entire firm as we set our sights on the future, our clients, retail sector and industry,” said MacLellan. “As we emerge from the pandemic, this is a perfect junction for fresh leadership to take the helm to steer the firm.”