January 20, 2016

I recently read a forecast from a highly acclaimed economist who said, “I do not foresee any surprises in 2016.” I immediately wondered if I was the only one who read this and realized that this statement made no sense. By default, you can never predict a surprise or it would not be a surprise! … Continued

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December 3, 2015

PREP has listings all over the Inland Empire, including the Town of Yucca Valley. While some may raise an eyebrow at this market, our real estate experts see tremendous and unique opportunity to build a retail haven, or a new “Oz” if you will. Take our 5774 29 Palms & 58132 29 Palms locations for … Continued

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December 2, 2015

As owner of Progressive Real Estate Partners one of the most rewarding parts of my job is I get the opportunity to “pay it forward” and use my experience and connections to mentor young brokers developing their career in CRE. I find having a diversified team of retail brokers including both industry veterans AND young … Continued

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November 4, 2015

It’s no secret that Southern California’s Inland Empire (IE) economy has made an incredible come back from the recession. The region is experiencing record growth and shows no sign of slowing down. Here’s a recap of why the IE is at the top of its game: 1. A $134B Economy: The IE has the 24th … Continued

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October 23, 2015

[vc_row][vc_column][vc_column_text]Directly beneath stylish apartments lie appetizing restaurants, convenient and unique retail shops with thriving cultural and walkable streets. Across from this mixed-use center, sits the bustling Metro link train station eager to take traveling commuters to their destinations. Sound familiar? No, it’s not downtown Los Angeles, Pasadena or San Francisco, but the newly developed project, … Continued

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October 21, 2015

The grocery store category is experiencing a lot of change in Southern California’s Inland Empire market. In just the past few months, newcomers Aldi and Grocery Outlet have announced their first store openings meanwhile Haggen has failed miserably and Fresh & Easy continues to melt down. As the owner of a retail brokerage that represents … Continued

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ICSC-SD-15
September 30, 2015

Last week, the Progressive Real Estate Partners brokerage team was out in full force working the San Diego ICSC Western Conference looking to build relationships, attract retailers to their projects, acquire knowledge, and get a pulse on today’s retail landscape. The conference theme, “Retail is Back in Black” with a rock n roll spin was … Continued

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September 21, 2015

By Brad Umansky Earlier this month I attended Connect Media’s very FIRST “Connect Inland Empire” conference and what a great event! In addition to lots of networking, the agenda was packed full of interesting speakers, and informational panels whose participants provided an overview of Southern California’s Inland Empire economy with a focus on commercial real … Continued

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August 24, 2015

By Brad Umansky – President of Progressive Real Estate Partners Costco is one of my favorite stores. As the owner of a CRE brokerage that specializes in retail leasing and investment sales, I love retail and I’m always interested in how smart retailers operate and market their stores. The feelings that many get when going … Continued

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February 17, 2015

By Progressive Real Estate Partners 5. CRE is a Revolving Door Too often, people are bored with their 9-to-5 paper pushing jobs; probably because they stopped learning—and as soon as they stopped learning, they stopped growing. In the commercial real estate world, the education train never stops. Whether it’s learning about an emerging (or submerging) … Continued

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August 14, 2015

By Brad Umansky This week brought very exciting news to the Inland Empire! The Los Angeles World Airport authority that controls LAX has entered into an agreement to return control of Ontario International Airport (ONT) to local control. It has been OVER 45 years since ONT has been under local control. Why is this significant? … Continued

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February 4, 2015

By Brad Umansky I attended the RealShare Inland Empire event last week and it was really a treat to be in a room of people interested in the Inland Empire, but who were not strictly retail focused. As a guy whose entire working life has involved living and breathing retail, I sometimes forget about the … Continued

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