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Faris Lee Partners with X-Team

The two retail advisory and brokerage firms form a strategic partnership to better service clients and curb competition, GlobeSt.com has learned EXCLUSIVELY.

Rick Chichester 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.”

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Kelsi Maree Borland

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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