Progressive Real Estate Partners Brokers $11.9M Sale of Chevron Gas Station, C-Store & Car Wash in SoCal’s Inland Empire

Rancho Cucamonga, CA – February 6, 2023  – Progressive Real Estate Partners, the Inland Empire’s leading retail real estate brokerage firm, announced today the $11,900,000 all-cash sale of a Chevron Station, Convenience Store and Car Wash at 996 Mountain Avenue in Norco, California.  The property sold at full asking price and the purchase included both … Continued

Progressive Real Estate Partners Arranges Sale of Land for Everhome Suites Hotel in San Bernardino, California

Rancho Cucamonga, CA – January 26, 2023 – Progressive Real Estate Partners, the leading SoCal Inland Empire retail real estate brokerage firm, announced today the $1,850,000 sale of 1.72 acres of land at 898 E. Harriman Place in San Bernardino, CA.  The land is adjacent to Best Buy and is located in the popular Hospitality … Continued

Brad’s Blog – Observations About SoCal’s Inland Empire Retail Real Estate Market as We Start 2023

Last year was a record year for the Progressive Real Estate Partners team having completed more retail investment sales and leasing transactions (134) than any other brokerage in SoCal’s Inland Empire. Although our relationships, skills, and marketing were key to our success we also recognize that the thriving Inland Empire economy and having the wind … Continued

Paul Su of Progressive Real Estate Partners Arranges Sale of Outparcel to Stater Bros. Anchored Center in Ontario, CA

Rancho Cucamonga, CA – January 16, 2023  – Progressive Real Estate Partners Senior VP of Retail Leasing & Sales, Paul Su, recently completed the $1,156,000 sale and leaseback of a 3,060 square-foot freestanding retail building located at 1959 East 4th Street in Ontario, California.  The single story building is an outparcel to the 100% occupied … Continued

Progressive Real Estate Partners Brokers Sale of Two Retail Pads in Downtown Riverside for $4.2M

Rancho Cucamonga, CA – December 9, 2022 – Progressive Real Estate Partners, the leading Inland Empire retail real estate brokerage firm, announced today the sale of two adjacent single tenant retail properties that were purchased by private investors in separate deals totaling $4,220,000.  The buildings are located at 3940 and 3980 University Avenue in Downtown … Continued

Progressive Real Estate Partners Closes $8.4M Sale of Chino Village in SoCal’s Inland Empire

Rancho Cucamonga, CA – November 16, 2022 – Progressive Real Estate Partners, the Inland Empire’s leading retail real estate brokerage firm, announced today the $8.4M sale of Chino Village located at 4103 Riverside Drive in Chino, CA.  The purchase included a neighborhood retail center (20,600 sf) and approximately 2.5 acres of undeveloped land with flexible … Continued

Progressive Real Estate Partners Leases Freeway Visible Anchor Space to Target in Ontario, CA

Rancho Cucamonga, CA – November 9, 2022  – Progressive Real Estate Partners, the leading Inland Empire retail brokerage firm, announced today that it has completed a lease with Target for a new freeway adjacent location at 1670 E. Fourth Street in Ontario, California. Target will occupy 70,000 square feet of a former Kmart that closed … Continued

Brad’s Blog – 3rd Quarter 2022 Inland Empire Retail Real Estate Trends

Many members of the Progressive Real Estate Partners team just returned from ICSC’s Western Conference in San Diego which happened to coincide with the end of the 3rd quarter of 2022. Some of the phrases most often heard or discussed at the conference included: “Change”, “Choppy Waters”, “Expansion”, “Higher Construction Costs”, “Lack of Good Space” … Continued

Progressive Real Estate Partners Inks Lease with Fitness 19 for 20,100 SF Anchor Space in SoCal’s Inland Empire

Rancho Cucamonga, CA – October 5, 2022 – Progressive Real Estate Partners, the leading Inland Empire retail brokerage firm, announced today that it has executed a lease with Fitness 19 at 25586 Barton Road in Loma Linda, California.  The 20,100 square-foot space is located in the Stater Bros. anchored Loma Linda Plaza that is next … Continued

Progressive Real Estate Partners Arranges $2.8M Sale of Restaurant Building in Moreno Valley, CA

Rancho Cucamonga, CA – September 20, 2022 – Progressive Real Estate Partners, the leading Inland Empire retail real estate brokerage firm, announced today that Kalaveras, a Southern California-based Mexican restaurant chain, has purchased a fully equipped restaurant located at 23060 Alessandro Boulevard in Moreno Valley, California for $2,785,000. The 8,927 square-foot building was previously home … Continued

Paul Galmarini of Progressive Real Estate Partners Represents WSS in Lease for New 15,000 sf Location in Riverside, CA

Rancho Cucamonga, CA – September 15, 2022  – Senior VP Paul Galmarini of Progressive Real Estate Partners represented WSS in leasing a 15,000 sf space (former Rite-Aid) at 3849 Chicago Avenue in Riverside, CA.  The store is located at the major signalized intersection of University Avenue and Chicago Avenue with traffic counts of over 46,000 cars … Continued