Progressive Real Estate Arranges $3.5 Million Sale of Shops at Ramona Expressway in Southern California

by Alex Tostado

Perris, Calif. — Progressive Real Estate Partners has arranged the sale of Shops at Ramona Expressway in Perris, California. A Riverside, California-based private investor sold the asset to a Monterey Park, California-based private investor for $3.5 million. Built in 2007 and located at 780 Ramona Expressway, Shops at Ramona Expressway features 9,808 square feet of retail space. At the time of sale, the property was fully occupied. Greg Bedell of Progressive Real Estate Partners represented the seller, while Shane Delaney of Real Estate eBroker Group represented the buyer in the transaction.

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