August 12, 2019 Comments Off on Faris Lee Arranges $11M Sale of Kentucky Retail Center Views: 484 Atlanta News, Southeast Atlanta

Faris Lee Arranges $11M Sale of Kentucky Retail Center

Order Reprints...

Retail advisory and investment sales firm Faris Lee Investments arranged the $10.9 million sale of the Shops Venue, a newly-developed retail center in Lexington, KY.

Built in 2017, the center was formerly the site of a Circuit City and Rafferty’s, before being demolished and transformed into two strip centers connected by a courtyard with outdoor seating, lighting and landscaping. Tenants at the Shops Venue include a daycare facility, fitness center, barbershop and a local coffee shop, as well as regional and national tenants.

Rick Chichester and Joe Chichester of Faris Lee represented the seller, a local private investor and developer, in partnership with local market experts and X Team member Justin Baker of TRIO. The undisclosed buyer secured financing for the acquisition through Wells Fargo.

Connect With Faris Lee’s Chichester

Subscribe to Connect Daily Atlanta

For comments, questions or concerns, please contact David Cohen

Tags: ,

Comments are closed.

Send this to a friend