Retail Asset Leased to Ross Dress for Less Sells for $28.5MM in Pasadena

Irvine, CA – Faris Lee Investments, a leading retail advisory, and investment sales firm, has completed the $28.50 million sale of a freestanding 2 story building leased to Ross Dress for Less in Pasadena, CA. The transaction closed at a cap rate of 4.73% and $740 psf. Jeff Conover, Don MacLellan, managing principals at Faris […]