Faris Lee Partners with X-Team

Rick Chichester

Retail brokerage firm Faris Lee Investments has formed a strategic partnership with X-Team Retail Advisors, GlobeSt.com has learned exclusively. The partnership with X-Team, an organization of 36 member firms in 40 markets nationwide and with 250 members, will bolster Faris Lee’s local market knowledge and tenant representation and landlord leasing services, giving the firm a competitive edge in the evolving retail market. According to Faris Lee, the primary goal of the partnership is to provide better client services and a more strategic approach for clients.

“Bringing in comprehensive, intelligent and strategic solutions and executions to the client will give us the ability to drive value to clients and the marketplace,” Rick Chichester, president and CEO of Faris Lee Investments, tells GlobeSt.com about the impetus for the firm’s partnership with X-Team. “Within X-Team’s footprint, the strength of their local market expertise, tenant representation expertise and expertise in landlord leasing is a complementary and necessary skill to retail investment sales across the country. For us to value real estate at its highest and best use and position it to maximize value, we need local intelligence, street-level knowledge and tenant relevant information.”