Freestanding retail building in Palm Desert

Progressive Real Estate Partners Negotiates $1.8 Million Sale of Retail Property in Southern California

by Abby Cox

Palm Desert, Calif. — Progressive Real Estate has negotiated the $1.8 million sale of a 5,000-square-foot freestanding retail building located in the Downtown Edge District of Palm Desert. The buyer, a family that owns and operates the neighboring Shiraz Rug Co., acquired the building to expand the store’s operations by an additional 5,000 square feet. Heather Sharp of Progressive arranged the sale.

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