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ONTARIO, CA-Faris Lee Investments has completed the $11.75 million sale of the Town Center Ontario, a 128,330-square-foot retail property that was 85% vacant at the close of escrow. Built in 2002, the center is situated on approximately 11.59 acres and is located at 701-769 N. Milliken Ave in Ontario, CA. Faris Lee was able to secure an international buyer prepared to pay all cash for the location.

Donald MacLellan, senior managing director, Faris Lee Investments, and Richard Walter, president, Faris Lee Investments, represented the seller, LNR, based in Miami. The buyer, who paid all cash, was France-based Oxylane Groupe-Decathlon, a manufacturer of sports apparel and equipment.

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