Faris Lee Investments Completes $12.5 Million Sale of Shoppes at Puente Hills Mall in the City of Industry, California

Irvine, CA – April 25, 2011 – (RealEstateRama) — Faris Lee Investments, the nation’s largest retail investment advisory firm, has completed the $12.5 million sale of Shoppes at Puente Hills Mall, a 20,174-square-foot retail center located at 17501 Colima Rd. in City of Industry. Built in 2009 and situated on 2.52 acres, the center is an outparcel to the very successful Puente Hills Mall. The property is 87 percent occupied and includes Panera Bread, Chipotle, The Vitamin Shoppe, Wing Stop, T-Mobile, Jamba Juice, and others.