2/15/2008

Faris Lee negotiates $16M sale of California retail property

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New Jersey-based Fidelity has purchased the Fry Electronics retail building in Concord, Calif., for $16.48 million from Santa, Ana-based SDL Concord Partners, LP.

Jeff Conover of Faris Lee Investments represented both the buyer and the seller in the transaction.

The building is located within the Park & Shop Shopping Center at 1695 Willow Pass Rd. Spanning 104,160 square feet, it was built in 1978 and renovated in 2003. The building is situated on 5.85 acres and is fully occupied by Fry's Electronics.

Address: 1695 Willow Pass Rd., Concord, Calif.

Size: 104,160 square feet

Built: 1978

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Filed Under: Retail

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