Progressive Real Estate Partners Brokers $4.7M Sale of Starbucks Anchored Shop Building in SoCal’s Inland Empire

Rancho Cucamonga, CA – July 6, 2021  – Progressive Real Estate Partners announced today the sale of a brand new Starbucks Drive-thru anchored shop building at 2067 E. Highland Avenue, San Bernardino, California in a 1031 exchange transaction.  The sales price of $4,650,000 represents a record-setting $919 psf and record 5.14% cap rate for a multi-tenant retail property in San … Continued

Progressive Real Estate Partners Sells Single-Tenant US Bank in SoCal’s Inland Empire for $3.3M

Rancho Cucamonga, CA –  June 24, 2021  – Progressive Real Estate Partners, the leading Inland Empire retail real estate brokerage firm, announced today the sale of a single-tenant US Bank located at 6644 Carnelian Street in Rancho Cucamonga, California.  The property sold for $3,265,625 ($763 psf) in an all cash transaction.  The long-standing bank is ideally situated just off the 210 freeway at … Continued

Progressive Real Estate Partners Brokers $6M Sale of Rancho Car Wash in Temecula, CA

Rancho Cucamonga, CA – June 15, 2021  – Progressive Real Estate Partners, the Inland Empire’s leading retail real estate brokerage firm, announced today the $6,050,000 sale of Rancho Car Wash which is located at 27378 Jefferson Avenue in Temecula, California.  The prime location is directly off the heavily traveled I-15 freeway at the signalized intersection of Jefferson Avenue and Winchester Road … Continued

7 Reasons the Retail Owner/User Sales Market is Thriving

In the past year alone, our team at Progressive Real Estate Partners has sold: A former Pier One to an independent beauty supply company A former Food 4 Less to a regional flooring retailer/distributor A former Banner Mattress to a cell phone franchisee A former Acapulco Restaurant to an independent Japanese Restauranteur A former Mexican restaurant to … Continued

Progressive Real Estate Partners Brokers Sale of Six Sunrise Preschools in Arizona for Total of $16.9M

Rancho Cucamonga, CA – May 18, 2021  – Progressive Real Estate Partners, a leading retail real estate brokerage firm, announced the sale of six single-tenant Sunrise Preschool locations in Arizona for a combined total of $16,925,000 in six separate transactions over the last several months.  The properties are located in Glendale, Chandler, Mesa (2), Tempe and Phoenix. Sunrise … Continued

Paul Galmarini of Progressive Real Estate Partners Represents Landlord in Leases with KFC and Little Caesars at the Spectrum Center in Perris, CA

Rancho Cucamonga, CA – April 13, 2021 – Senior Vice President Paul Galmarini of Progressive Real Estate Partners represented the landlord, Atlas Properties, in leasing a new build-to-suit 2,200 sf drive-thru pad to KFC and a 1,400 sf end-cap drive-thru to Little Caesars Pizza at the Spectrum Center in Perris, California. The new KFC pad and shop building total 7,400 sf and construction is starting … Continued

Roxy Klein of Progressive Real Estate Partners Represents Capriotti’s in Lease at New Sprouts Anchored Shopping Center in Eastvale, CA

Rancho Cucamonga, CA – March 31, 2021  – Retail Leasing & Sales Specialist Roxy Klein  of Progressive Real Estate Partners represented Capriotti’s Sandwich Shop in leasing a 1,300 sf shop space at the brand new Sprouts-anchored Merge retail center in Eastvale, CA.  Located at 5984 Archibald Avenue, this will be one of the first Inland Empire locations for Capriotti’s when it opens later … Continued

The Economy is About to Boom – Here is How I Know

We’ve all seen the headlines about the economy taking off post pandemic and based on my personal life experience I’m inclined to agree. Both my wife and daughter have conditions that gave them great concern about Covid and like many other families we have been in “lock down” mode for the past year. During this … Continued

Former PetSmart Building Sells for $4.9 Million

Rancho Cucamonga, CA – July 28, 2014 – Progressive Real Estate Partners announced today the sale of a 24,000 +/- square-foot former PetSmart building for $4.98 million ($207 psf).  The freestanding building is located at 10500 Katy Freeway, Houston, Texas. Built in 1992, the 1.8 acre property is shadow-anchored by Home Depot, Hobby Lobby and … Continued

Progressive Real Estate Partners Brokers $3.6 Million Sale of Barstow Plaza

Family Dollar and Aaron’s Anchor the 68,362 SF Shopping Center Auction.com Online Platform Utilized to Execute Sale Rancho Cucamonga, CA – April 30, 2014 – Progressive Real Estate Partners announced today the sale of Barstow Plaza, a 68,362 square-foot shopping center.  The property sold for $3.6 million.  Located at 1303 E. Main St. in Barstow, … Continued

Progressive Real Estate Partners Named Among CoStar’s Top Inland Empire Leasing Firms for Third Consecutive Year

Annual CoStar Power Broker Awards Recognizes Top Firms and Brokers in Commercial Real Estate Two Progressive Real Estate Partners Brokers Recognized as Top Retail Leasing Brokers in the Inland Empire RANCHO CUCAMONGA, CA – April 23, 2014 – For the third consecutive year, Progressive Real Estate Partners has been named among the Inland Empire’s Top … Continued

Progressive Real Estate Partners Retail Brokerage Firm Reports Banner Year in 2013

Firm Ranked Number One in Total Number of Retail Lease and Sales Transactions in Inland Empire Selected as Exclusive Inland Empire Representative of the Retail Brokers Network Rancho Cucamonga, CA (January 21, 2014) – Brad Umansky, president of Progressive Real Estate Partners, announced today that his brokerage firm, which specializes in retail real estate in Southern … Continued