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IRVINE, CA-Faris Lee Investments has opened new offices in Phoenix and Las Vegas and has plans for at least five other new locations in a growth strategy that reflects how this is an ideal time for the company to expand, Faris Lee president Rich Walter tells GlobeSt.com. In addition to its Phoenix and Las Vegas offices, which are up and running, the Irvine-based company has its sights set on more new offices in Atlanta, Orlando, Dallas, Chicago and Miami, and is on the lookout for talent in all of those markets, Walter says.

Faris Lee’s Phoenix office is operating with a four-person team, the senior member of which is managing director David A. Wetta, a 25-year veteran of Marcus & Millichap, where he was most recently a director with the National Retail Group. The other members of the Phoenix team are Joseph R. Compagno, Paul Salinas and Nathan Hubbell, all formerly with Marcus & Millichap. In Las Vegas, Faris Lee is operating under the direction of managing director Robert L. Moore, a third-generation Las Vegas native with 20 years of commercial real estate experience. Moore recently served as president of Gatski Commercial Real Estate Services and previously was a senior director of the asset consulting group at Cushman & Wakefield and before that president of sales and leasing for Realty Holdings Group.

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