Taco-Bell_San-Bernardino-Calif

Progressive Arranges $7 Million Sale of Single-Tenant Retail Portfolio in San Bernardino, California

by Hayden Spiess

San Bernardino, Calif. — Progressive Real Estate Partners has arranged the $7 million sale of a portfolio comprising four single-tenant retail properties located in San Bernardino. Situated adjacent to each other, the properties are net leased to tenants including IHOP, Wienerschnitzel, Taco Bell and 76 Gas Station. The sale also included an additional 1.5 acres of land available for future development. Lance Mordachini and Trinnie Lee of Progressive represented the seller in the transaction.  Kevin Kwan of Realiv represented the buyer. 

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