Progressive Real Estate Brokers $5.8 Million Sale of La Pico Plaza Shopping Center in Metro Los Angeles

by Katie Sloan

Whittier, Calif. — Progressive Real Estate Partners has arranged the sale of La Pico Plaza, a neighborhood shopping center located at 9150 Painter Ave. in Whittier, roughly 15 miles outside Los Angeles. An Orange County-based private investor sold the property to Desert Capital Ventures for $5.8 million. Circle K anchors the 20,939-square-foot retail center, which was fully leased to 14 tenants at the time of sale. Greg Bedell of Progressive Real Estate Partners represented the buyer, while Drew Wetherholt of Marcus & Millichap represented the buyer in the deal. 

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