3
Yucaipa, Calif. — Progressive Real Estate Partners has negotiated the $7 million sale of Tower Plaza Commercial Center, a 39,422-square-foot retail and office property located in Yucaipa, roughly 10 miles east of San Bernardino. Built in 1995, the three-building center is fully leased to 27 tenants, including food, healthcare, beauty, finance, office and retail users. The units range in size from 240 square feet to 2,200 square feet.
Greg Bedell represented the seller, a private Inland Empire-based investor and the original developer of the property, in the transaction. Tricia Cerda of REMAX Redlands represented the buyer, an Inland Empire-based private investor.