Faris Lee Arranges $4M Sale of Colton Strip Center
Faris lee Investments, an Irvine, CA-based retail advisory and investment sales firm, has completed the all-cash, $3.75 million acquisition of a triple net lease strip center in Colton, CA. An undisclosed Inland Empire-based investor purchased the asset at a 6.35% cap rate and $239-per-square-foot. Located at 1705 E. Washington Street and 100% occupied, the center … Continue reading Faris Lee Arranges $4M Sale of Colton Strip Center
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