Faris Lee Investments Completes $6.6 Million Sale of a Best Buy Occupied Retail Property in Kenosha, WI

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Irvine, CA – August 2, 2011 – (RealEstateRama) — Faris Lee Investments, the nation’s largest retail investment advisory firm, has completed the $6.6 million sale of a NNN leased, single-tenant, 30,000 square foot property occupied by Best Buy located at 7021 120th Ave. in Kenosha, WI. Built in 2008 as a new smaller, prototype store for Best Buy, the property is situated on 3.88 acre and is located at two major thoroughfares at I-94 and Highway 50. The property is part of a regional shopping center surrounded by retail, dining and hotels.

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Faris Lee Investments is a leading national real estate advisory firm.  The company’s high-level retail investment and financing experts develop forward-thinking strategies for all retail acquisitions and dispositions and guide clients through complex transactions.

Cumulatively, the Faris Lee’s leadership has been involved in more than $20 billion of transactions. Faris Lee's senior experts are skilled in disposition and acquisition strategies, 1031 exchanges, asset positioning and valuation, marketing, debt and equity structuring, strategic workout and REO solutions and execution. 

Contact:

West Coast: 949.221.1800
East Coast: 631.427.2999

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