FARIS LEE INVESTMENTS COMPLETES $3.85 MILLION INLAND EMPIRE RETAIL SALE

SAN BERNARDINO, CALIF. — Faris Lee Investments has closed the $3.85 million sale of a 10,200-square-foot retail property, located at 4041 N. University Pkwy. in San Bernardino. Built in 2009, the property is situated just off Interstate 15 within a neighborhood shopping center. Faris Lee’s Jeff Conover represented the seller, Beverly Hills, Calif.-based Camden Holdings LLC, in the transaction, part of a 1033 exchange for the San Marino, Calif.-based buyer, Thompson Co., which was represented by Susan Harris of CAG. Davita Dialysis has a 15-year, absolute triple-net lease on the property with two 5-year extension options.