Rancho Cucamonga, CA – September 21, 2021 – Progressive Real Estate Partners, the leading Inland Empire retail brokerage firm, announced today the signing of a new lease with Crazy Boss Big Discount Store for a 103,157 square-foot anchor space (formerly Kmart) at 17099 Valley Boulevard in Fontana, California. The store will be located in the 285,000+ square-foot freeway adjacent Vineyard Valley Center and is expected to open in fall of this year. Crazy Boss will join Food 4 Less, Big Lots, dd’s Discounts and several other shops, restaurants and services at the popular daily needs community center.
Senior VP Paul Galmarini of Progressive Real Estate Partners and Justin Altemus of The Altemus Company
co-listed the property and represented the landlord in the transaction. Galmarini also represented Crazy Boss.
Crazy Boss is an up and coming soft goods discount retailer with stores in California and Texas. They feature “crazy low prices” on popular brands starting as low as $1 on a wide variety of merchandise for the whole family including clothing, accessories, shoes, beauty, toys and home décor. The Fontana store will be their 8th location and will be prominently featured on the freeway pylon and shopping center monument signage.
Built in 1983, the well-established Vineyard Valley Center has outstanding visibility on the I-10 freeway at Sierra Avenue with traffic counts of over 200,000 cars per day. The center is also directly across from the +/-50-acre Kaiser Permanente medical campus at the signalized intersection of Sierra Avenue and Valley Boulevard with combined traffic counts of 63,700+ cars per day. In addition, the center boasts impressive demographics with more than 344,000 people in a 5-mile radius with an average household income in excess of $83,000.
According to Paul Galmarini, “We are excited to welcome Crazy Boss to Vineyard Valley Center. The excellent discount retailer co-tenancy, outstanding freeway visibility and strong demographics made this a very attractive location for Crazy Boss to expand.”
Galmarini added, “We went from listing to a fully executed lease within 6 months which is highly unusual for a 100,000+ square-foot space further demonstrating the strength of the location. Not only will the local community have a fun new place to shop, it’s also great news for the center gaining a new anchor tenant that will draw more traffic to the property.”
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 1,200 lease and sales transactions valued at more than $1.8B in 35+ cities throughout the region. Progressive uses the latest marketing and brokerage techniques to help retailers and property owners achieve their commercial real estate goals.