Covid Acts as Accelerant in Retail Sector Transformation The health pandemic that swept across the globe in 2020 produced a host of challenges, yet not all outcomes were negative. There were a number of bright spots and opportunities for growth across the retail sector that emerged amidst the culling of some of the weakest players. The pandemic actually acted as …
Faris Lee Investments Arranges $13 Million Off-Market Acquisition of Multi-Tenant Shopping Center in Orange County, CA
Irvine, CA – (Jan 5, 2021): In a continued effort to carefully evaluate opportunities for its clients, Faris Lee Investments has arranged the off-market purchase of Meridian Plaza, a multi-tenant retail center anchored by Dollar Tree in Cypress, CA. The 28,500 square feet property fronts Katella Avenue, one of the primary east-west thoroughfares in the trade area, trafficked by more …