Much has been written about the changing retail marketplace especially as it relates to the impact of e-commerce but another major story line has been around how developers and landlords are addressing the closing of multiple large format retailers (ie Sears, Kmart, Toys R Us, etc.) which has resulted in a significant increase in vacant … Continued
[vc_row][vc_column][vc_column_text]Can you imagine attending the ICSC RECon conference in Las Vegas just one week into the business? Well that’s exactly what Progressive Real Estate Partners’ newest hire and Retail Apprentice, Renae Giacopuzzi, did this year. Renae recently graduated from Azusa Pacific University with a degree in Business Management and is following in the footsteps of … Continued
My Takeaways from the Show! And that’s a WRAP on ICSC RECon 2018! The Progressive Real Estate Partners team was there in force with 12 of our brokers actively dealmaking, networking and diligently working the floor. Collectively we had a record 100+ formal meetings and at least a couple hundred informal meet-ups where we were … Continued
[vc_row][vc_column][vc_column_text] Pitch Videos Drive Maximum Exposure & Maximum Value [/vc_column_text][vc_empty_space][vc_video link=”https://youtu.be/mf9_HHInjWU”][vc_empty_space][vc_column_text el_class=”body-text-block” css=”.vc_custom_1524598043634{padding-right: 1em !important;padding-left: 1em !important;}”] Everybody is talking about the importance of technology and video these days and the team at Progressive Real Estate Partners is proud to be at the forefront of utilizing these tools to improve our clients’ bottom line. As … Continued
I had the pleasure of speaking to the Southern California Chapter of ACRE (Association of Corporate Real Estate Executives) in Ontario last week. Below is a summary of the information I presented about all the recent positive economic data on SoCal’s Inland Empire. 13th Largest MSA in the US – Out of over 380 MSA’s … Continued
I am writing this blog as I return from a trip to Seattle which of course included a visit to the most talked about small retail space ever – the Amazon Go grocery store! For all the press this store has received for its incredible technology, I think it is really just “Amazon So (What?)”. … Continued
Working Together Produces Winning Results Progressive Real Estate Partners specializes in retail leasing in SoCal’s Inland Empire and we have worked with literally hundreds of property owners and landlords in the market. We always view the relationship as a “team effort” and, although your retail leasing broker is an independent contractor, they should be thought of … Continued
Will Rising Rents Be Offset by Higher Cap Rates In 2018? With retail vacancy in the Inland Empire hovering around 7%, most shopping centers, if not fully leased, are nearly full. As mentioned in my last blog, the majority of the vacancy is confined to a very small percentage of the properties in the market. … Continued
Happy New Year friends! It’s that time of year when we reflect on the past and look ahead to what the new year will bring. Here are my takeaways from 2017 and thoughts on where the retail leasing market in SoCal’s Inland Empire is heading in 2018. All and all 2017 was an excellent year … Continued
Happy Halloween! The Progressive Real Estate Partners team always enjoys celebrating Halloween and this year It occurred to me that this might be the last year for another type of “10/31” – – aka the 1031 exchange which is currently on the menu of possible tax “loopholes” to be eliminated in an effort to make … Continued
Ciao friends – – my wife and I just returned from a fantastic trip to Italy. We visited Rome, Florence, Siena, Como, and Venice. Stepping out of SoCal’s Inland Empire for a couple of weeks was really enlightening and refreshing. While it’s still top of mind I wanted to share a few of my observations … Continued
[vc_row][vc_column][vc_column_text]The Progressive Real Estate Partners team just returned from the annual ICSC Western Division Conference which was held for the first time at the Los Angeles Convention Center. We hung out with over 4,000 of our closest friends in the industry making deals and building relationships! Here are some of our “post-game” takeaways: Existing Non-Mall … Continued