Progressive Negotiates Sale of 6,300-Square-Foot Retail Center in Los Angeles

by Hayden Spiess

Los Angeles — Progressive Real Estate Partners has negotiated the sale of a 6,300-square-foot retail center located at 728 W. Vernon Ave. in Los Angeles. A Los Angeles County-based investor acquired the three-tenant property from the seller, also based in Los Angeles County, for $3.5 million. Tenants at the center include 7-Eleven, Boost Mobile and a laundromat. Brad Umansky and Lance Mordachini of Progressive represented both parties in the transaction. 

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