Annual CoStar Power Broker Awards Program Recognizes Top Firms and Brokers in Commercial Real Estate by Region
Three Progressive Real Estate Partners Brokers also Recognized by CoStar as Top Retail Leasing Brokers in Southern California’s Inland Empire Region

Rancho Cucamonga, CAMarch 22, 2016 – For the fifth consecutive year, Progressive Real Estate Partners has been honored with the 2015 CoStar Power Broker Top Firm Award in the Inland Empire region. The annual CoStar awards program recognizes the “best of the best” in commercial real estate brokerage by highlighting the U.S. firms and individual brokers who closed the highest transaction volumes in commercial property sales or leases in 2015 in their respective markets.

In addition, three brokers from Progressive Real Estate Partners received individual CoStar Power Broker Awards—Paul Galmarini, Janine Peltier and Pablo Velasco. They were all recognized as Top Retail Leasing Brokers in the Inland Empire based on the total leasing transaction volume that each one closed during the year.

“We are thrilled to be recognized for the 5th year in a row as one of the top brokerage firms in the Inland Empire. We appreciate CoStar recognizing the consistent results and value we provide our clients. Furthermore, this award validates our deep commitment to being the region’s retail expert and “go to” brokerage firm,” according to Brad Umansky, president of Progressive Real Estate Partners. “I’m extremely proud of our team of talented brokers who helped us earn this honor through their hard work and dedication to closing a high volume of deals while providing our clients exceptional customer service,” he added.

“With such an active year in commercial real estate, CoStar is proud to honor the individual brokers and firms who perform at the industry’s highest level,” said CoStar Group founder and CEO Andrew C. Florance. “These industry leaders deserve to be recognized for their expertise, hard work and superior deal-making abilities. We extend our congratulations to this year’s winners on their exceptional sales and leasing success.”

In 2015, Progressive Real Estate Partners completed more retail transactions in the Inland Empire than any other brokerage firm. “It was a banner year for our office and with the improved economy the demand for retail space in the region has increased significantly. We expect 2016 to be equally strong,” Umansky stated. The firm currently has over 125 retail lease and for sale listings in Southern California’s Inland Empire market.

About CoStar Group, Inc.
Headquartered in Washington, DC, CoStar Group, Inc. (NASDAQ: CSGP) is the leading provider of commercial real estate information, analytics and online marketplaces. Founded in 1987, CoStar conducts ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. To learn more visit www.costargroup.com.

About Progressive Real Estate Partners
Progressive Real Estate Partners (PREP) is a boutique commercial brokerage firm headquartered in Rancho Cucamonga, California. Founded in 2008, the firm specializes in the leasing and sale of retail properties in Southern California’s Inland Empire market. The office is also the exclusive Inland Empire representative of the Retail Brokers Network (RBN). Since the firm’s inception Progressive has completed over 500 lease and sales transactions in over 35 cities throughout the region. Progressive uses the latest marketing and brokerage techniques to help retailers and property owners achieve their real estate goals. PREP is led by Brad Umansky, founder and president.