HomeMy WebLinkAbout2023-01-24 Euless Articles
Faris Lee Arranges $8.7M Sale of Retail
Building in Euless, Texas
Posted on January 10, 2023 by Taylor Williams in Acquisitions, Retail, Texas
EULESS, TEXAS — California-based brokerage firm Faris Lee Investments has
arranged the sale of an 11,620-square-foot retail building located in the central
metroplex city of Euless. The property, which is an outparcel building to the 194-
acre Glade Parks Town Center mixed-use development, was fully leased at the time
of sale to Sleep Number, Salata, Jersey Mike’s, LoveSac and Total Men’s Primary
Care. Jeff Conover and Scott DeYoung of Faris Lee represented the buyer, a family
office based in the Midwest that acquired the asset via a 1031 exchange, in the
transaction. Venture CRE represented the undisclosed seller. The all-cash deal
traded at a cap rate of 5.92 percent.
Meet one of the first Muslim representatives
in Texas House
EULESS, Texas — When voters chose their representatives to the Texas House last
November, they made history by sending a few “firsts” to the state Legislature.
Rep. Salman Bhojani is among them.
The Democrat from Euless is one of the first two Muslim members of the Texas
House, along with Rep. Suleman Lalani, a Democrat from Sugar Land.
Since Rep. Bhojani is a member of the minority party in Austin, his legislative
priorities may have to take a back seat for a while. So, he tells us he’ll measure
success by the relationships he forms, particularly those across the aisle.
“That’s how I did in Euless City Council when I was elected as Mayor Pro Tem by
mostly Republican City Council members,” Rep. Bhojani said on Inside Texas
Politics. “And I’ll continue building on relationships so that way I can work on
kitchen table issues that Texans care about.”
And that experience of having already been a “first” will only help the Democrat.
In 2018, he also made history when he became the first person of color to hold
elected office in the Fort Worth suburb of Euless.
Now, he’s also the first Muslim and the first South Asian ever elected to the Texas
Legislature.
And the Democrat says he plans to represent Texans, not just a political party. So,
he says he’ll reach out to Republicans, Independents and Democrats alike.
“By the way, the first constituent that I had yesterday was a Republican and I really
enjoyed meeting them. So, I look forward to having more,” said the Representative.
It hasn’t always been an easy journey and Rep. Bhojani says he has faced bigotry
and hatred.
But that also gives him strength, he says, and helps him give folks a certain amount
of grace, which he thinks will serve him well as a lawmaker and as a leader for
future generations of Muslim politicians.
“As I’ve worked on the campaign, people have told me a lot of negative things and
Islamophobic things, about me going back to my country, or that Muslims are
terrorists, and just really mean things,” Rep. Bhojani told us. “But because they may
be ignorant, they may not know about the faith, they may not know that Muslims
can be contributing citizens of the United States.”