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Jeff Conover

IRVINE, CA—Retail advisory and investment sales firm Faris Lee Investments has completed $11.5 million in sales of 3 different properties within the Central Plaza Shopping Center in Lake Elsinore, CA. Three difference buyers picked up these properties — a single tenant net lease Marshalls (which traded at a 6% cap), a STNL Panera Bread (4.75% cap) and a 2-tenant sale of Pieology & Ono Hawaiian BBQ (5% cap).

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