Progressive Real Estate Partners Brokers $3.5M Sale of 7-Eleven Anchored Strip Center Located in Los Angeles, CA

Rancho Cucamonga, CA – May 6, 2024 – Progressive Real Estate Partners, a leading Southern California retail brokerage, arranged the $3.5M ($555 psf) all cash sale of a 7-Eleven anchored NNN retail strip center at 728 West Vernon Avenue in Los Angeles, California. The 6,300 square foot 3-tenant center is fully leased and is located … Continued

Brad’s Blog – The Importance of Using a Loan Expert When Financing Your Commercial Property

I have always found that the Marcus & Millichap (NYSE: MMI) quarterly and annual SEC reports are very informative and, in my opinion, present the purest form of data about the investment sales brokerage business. Reading these reports helps me understand information like average deal size, transactions per broker, expense ratios and similar data that … Continued

Progressive Real Estate Partners Arranges $6.1M Sale of Value-Add Retail Property in Desert Hot Springs, CA

Palm Desert, CA – April 2, 2024 – Progressive Real Estate Partners, a leading Inland Empire and Coachella Valley retail brokerage firm announced the sale of a 33,004 square-foot retail property at 13000-13160 Palm Drive in Desert Hot Springs, California. The $6.1M all-cash sale included a multi-tenant shop building and two pad buildings, one of … Continued

Roxanne Klein of Progressive Real Estate Partners Represents American Family Care Franchisee in Lease for Prime Corona Location

Rancho Cucamonga, CA – March 20, 2024   – Progressive Real Estate Partner’s VP of Retail Leasing & Sales Roxanne “Roxy” Klein represented an American Family Care (AFC) franchisee in a lease for a 4,452 square-foot space at 2795 Cabot Drive #157 in Corona, California.  The space is in the popular Dos Lagos open-air shopping … Continued

New Construction Chase Bank Ground Lease Sells in Bakersfield, California for $2.93 Million

BAKERSFIELD, Calif. – February 20, 2024 – Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, and Progressive Real Estate Partners, a boutique commercial brokerage firm specializing in the leasing and sales of retail properties in Southern California’s Inland Empire, announced today that the … Continued

Roxanne “Roxy” Klein of Progressive Real Estate Partners Named New President of ACRE SoCal

Rancho Cucamonga, CA – February 6, 2024   – Roxanne “Roxy” Klein of Southern California-based Progressive Real Estate Partners has been named the new 2024 President of ACRE SoCal.  In this volunteer role, Klein will lead the ACRE Board of Directors to help grow the ACRE brand thru hosting a variety of activities ranging from retail … Continued

Brad’s Blog – Inland Empire Retail Wrap Up and Outlook for 2024

There have been a lot of articles and blogs detailing all the events of 2023. Although it’s always good to reflect back and learn from experience, at Progressive Real Estate Partners we’re more focused on understanding the current environment and looking forward. SoCal’s Inland Empire region continues to enjoy population growth, new housing developments, job … Continued

Chris Lindholm and Paul Galmarini of Progressive Real Estate Partners Represent Seller in $3M Sale of Mixed-Use Land in Rancho Cucamonga, CA

Rancho Cucamonga, CA – December 19, 2023  – Progressive Real Estate Partners brokers Chris Lindholm and Paul Galmarini announced the sale of a 1.73 acre parcel of vacant land for $3,000,000 in an all cash transaction.  The land, which is zoned mixed-use, is located at the northwest corner of Foothill Boulevard and Etiwanda Avenue in … Continued

Progressive Real Estate Partners Brokers $4.88M Sale of Single-Tenant NNN Dollar Tree in Rancho Cucamonga, CA

Rancho Cucamonga, CA – November 29, 2023 – Progressive Real Estate Partners, the leading Inland Empire retail real estate brokerage firm, announced the sale of a single-tenant NNN Dollar Tree located at 9008 Foothill Blvd. in Rancho Cucamonga, California.  The 16,560 square-foot building sold for $4,880,000 in an all cash transaction.  The property is part … Continued

Progressive Real Estate Partners Arranges $7.45M Sale of Target and Hobby Lobby Anchored Shop Building in Rancho Cucamonga CA

Rancho Cucamonga, CA – October 30, 2023 – Progressive Real Estate Partners, the leading Inland Empire retail real estate brokerage, announced the $7,450,000 sale of a 21,918 square-foot 100% occupied shop building at 10582 Foothill Boulevard in Rancho Cucamonga, California. The 9-tenant shop building sold at a 6.11% cap rate in an all cash 1031 … Continued

Progressive Real Estate Partners Brokers $4.4M Sale of Single-Tenant DaVita Dialysis in Indio, CA

Rancho Cucamonga, CA – October 11, 2023 – Progressive Real Estate Partners, the leading Inland Empire retail real estate brokerage firm, announced today the sale of a single-tenant DaVita Dialysis clinic located at 82900 Avenue 42 in Indio, California.  The property sold for $4,450,000 in a 1031 exchange transaction and traded at a 5.66% cap … Continued