Progressive Arranges $4.1 Million Sale of Retail Property in Suburban Los Angeles

Claremont, Calif. — Progressive Real Estate Partners has arranged the $4.1 million sale of a 9,226-square-foot retail building located adjacent to a Sprouts Farmers Market in the Los Angeles suburb of Claremont. The three-tenant property was fully occupied at the time of sale by tenants including Unleashed by Petco, Wild Birds and Almond Haus Cafe. The building was remodeled in 2010 and is located at 903-911 W. Foothill Blvd. Greg Bedell and Roxy Klein of Progressive represented the seller, The Festival Cos., in the 1031 exchange transaction. Katherine Quach of Treeland Realty Group represented the buyer, a private San Gabriel Valley-based investor. 

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