Rancho Cucamonga, CA – May 30, 2023 – Progressive Real Estate Partners, the leading SoCal Inland Empire retail real estate brokerage firm, announced the sale of 4.84 acres of land at 1400 E. Arrow Highway in Upland, CA for $6.5M in an all-cash transaction. The Landmark Company, which is a SoCal based real estate investment … Continued
It was great to be back in person at this year’s ICSC Las Vegas conference and to learn about the latest trends shaping the retail real estate industry. Nine brokers from the Progressive Real Estate Partners team attended and we had an incredibly productive show with lots of meetings, learning and networking. In an industry … Continued
Rancho Cucamonga, CA – May 10, 2023 – Progressive Real Estate Partners, the leading Southern California Inland Empire based retail real estate brokerage, announced it has closed the $6M sale of South Sierra Plaza, a 17,250 square-foot unanchored strip center located at 10660 South Sierra Avenue in Fontana, California. The 12-unit center traded at a … Continued
Like many of you I’m excited to watch the Kentucky Derby this weekend. The infamous race is known for its pageantry and unpredictability, with different horses and jockeys vying for the win. Similarly, SoCal’s Inland Empire retail real estate market is also full of twists and turns, with a multitude of factors affecting its success … Continued
Rancho Cucamonga, CA – April 5, 2023 – Progressive Real Estate Partners, the leading Inland Empire retail brokerage firm, announced that it has completed a lease with Sky Zone for a new 30,700 sf Sky Zone indoor entertainment park at 12449 Foothill Boulevard in Rancho Cucamonga, California. Sky Zone has over 200 locations throughout the … Continued
Rancho Cucamonga, CA – March 27, 2023 – Progressive Real Estate Partners, a leading SoCal Inland Empire retail real estate brokerage firm, announced that Heather Sharp has joined the firm as a Senior VP of Retail Sales & Leasing. Sharp will be leading Progressive Real Estate Partner’s expansion into the Coachella Valley. In addition to … Continued
RANCHO CUCAMONGA, CA – March 20, 2023 – Progressive Real Estate Partners, the Inland Empire’s leading retail brokerage firm, announced today that five of their retail leasing brokers were named among the Inland Empire’s Top Retail Leasing Brokers and have been honored with the 2022 CoStar Power Broker Award from the CoStar Group. The five … Continued
One of the aspects of living and working in Southern California’s Inland Empire is the dynamic nature of the region. The growth is like a piece of artwork that never gets completed, but just keeps getting more interesting. I have been in awe of the region over the last 30 years and I look forward … Continued
Rancho Cucamonga, CA – March 12, 2023 – Progressive Real Estate Partners announced the $4,895,000 sale of a 20,020 square-foot retail building at 675 E. Hospitality Lane in San Bernardino, California. The building, leased to Office Depot, is between Home Depot and Aldi and is part of the Tri City Commons/Hospitality Lane District which is … Continued
Rancho Cucamonga, CA – March 1, 2023 – The Progressive Real Estate Partners brokerage team of Greg Bedell and Mike Lin announced today the $3M sale of Farmer’s Corner, a 77,000 sf farmhouse-style indoor retail center located at 2500 S. San Jacinto Avenue in San Jacinto, CA. San Jacinto has a rich history dating back … Continued
Rancho Cucamonga, CA – February 14, 2023 – VP of Retail Leasing & Sales Roxy Klein of Progressive Real Estate Partners represented a Crumbl franchisee in leasing three locations in Glendora, Diamond Bar and La Verne. The locations include: Recently Opened – 1385 E. Gladstone Street in Glendora, CA – 1,200 sf store is … Continued
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
This blog is a bit promotional, but mostly for Mike Tohikian’s Hot Spotting Podcast. I recently had the opportunity to be a guest on Mike’s podcast and it was a lot of fun. The first episodes of the Hot Spotting Real Estate Podcast launched in January 2022. Thus far, he has dropped 22 episodes with … Continued
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
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
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
This year’s holiday calendar results in Christmas and New Years both being on Sunday which is likely to mean our industry will be very quiet next week. Commercial real estate seems to have morphed into an industry with very little mental time off as emails and texts just don’t stop. I am actually hopeful that … Continued
The headline of this blog paraphrases a quote attributed to Confucious that says, “the man who chases two rabbits catches none.” As I observe the restaurant industry these days, this saying comes to mind. The question I am asking is how well restaurants can adopt ALL the customer delivery methods AND still maintain their brand … Continued