Progressive Real Estate Partners Arranges $2.8 Million Sale of Restaurant Building in Moreno Valley

by Hayden Spiess

Moreno Valley, Calif. — Progressive Real Estate Partners has arranged the $2.8 million sale of a property located in Moreno Valley to Southern California-based Mexican restaurant chain Kalaveras. The 8,927-square-foot building previously housed a Woody’s Restaurant, which closed in late 2021. Albert Lopez and Greg Bedell of Progressive represented the seller, a Southern California-based private investor. Allen Kirschbaum of Saddleback Realty represented Kalaveras in the transaction.

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