As a Managing Director at Faris Lee Investments, Mr. Chichester advises clients in the acquisition and disposition of single and multi-tenant retail investments nationwide. He specializes in retail assets of all types within the single and multi-tenant designations, including NNN, anchored, and neighborhood, power and lifestyle centers. Tom has over 8 years of hands-on experience in the commercial real estate industry.
Tom’s expertise is the strategic and diligent marketing of properties to meet the price and timing objectives of the owner. His experience includes: single tenant transactions; portfolio sales; sale-leaseback portfolio sales; stabilized, core multi–tenant centers; neighborhood, community and power centers; developer sales and pre-sales; and distressed asset sales throughout the US.
A few recent and noteworthy closings include: Gateway Center (sold Q1 2017) – $25 million sale of a 90,000 SF retail center in Escondido, California. The property was 95 percent occupied with anchor tenants, Michaels and Barnes & Noble; Starbucks in Lake Forest, California (sold Q3 2017) – Record breaking cap rate of 3.48%, which is the lowest cap rate ever for a Starbucks-occupied... Read More