Rancho Cucamonga, CA – September 25, 2024 – Progressive Real Estate Partner’s Senior VP of Retail Leasing & Sales Paul Su represented LifeStream Blood Bank in a 10-year lease for a space at 24119 Hemlock Avenue in Moreno Valley, CA. The brand new 3,080 square-foot end-cap space is in the recently developed Sprouts and Floor & Décor anchored District at Moreno Valley shopping center which also features WSS, Starbucks, KFC, Yoshinoya, IHOP, The Joint Chiropractic and Pacific Dental. LifeStream is projected to open by summer of 2025.
The District at Moreno Valley features excellent frontage along the 60 freeway with outstanding visibility to an average of over 103,000 cars per day which is further enhanced by a large freeway pylon sign. Furthermore, the center is less than two miles from Moreno Valley Mall and Towngate Shopping Center both of which are home to numerous national retailers. The District is located within a large mixed-use development with plans for additional retail, hospitality and office uses. Within a 3-mile radius there is a population of 143,000+ people earning an average household income of $76,300.
LifeStream Blood Bank is a non-profit blood donor center that provides blood products and services to more than 80 Southern California hospitals in San Bernardino, Riverside, Los Angeles, Orange, San Diego and Imperial counties. Their mission is to save lives by connecting donors and patients through blood donations. In addition to operating several donor centers, Lifestream also conducts about 1,700 mobile blood drives annually in their service areas at schools, businesses, churches, etc.
Paul Su previously represented LifeStream in the $1.1M sale and lease back of their Ontario, California location and continues to collaborate with them on other projects. Paul specializes in the leasing and sale of retail properties throughout SoCal’s Inland Empire and San Gabriel Valley. To view his current listings click here or contact him at 626.417.4539 or paul.su@progressiverep.com.
About Progressive Real Estate Partners
Progressive Real Estate Partners (PREP) is a boutique commercial brokerage firm headquartered in Rancho Cucamonga, California. Founded in 2008, the firm specializes in the leasing and sale of retail properties in Southern California’s Inland Empire, San Gabriel Valley and Coachella Valley markets. The office is also the exclusive Inland Empire representative of the Retail Brokers Network (RBN). Since the firm’s inception Progressive Real Estate Partners has completed over 1,650 lease and sales transactions valued at more than $1.8B in 35+ cities throughout the region. Progressive Real Estate Partners uses the latest marketing and brokerage techniques to help retailers and property owners achieve their commercial real estate goals.