Fontana, Calif. — Progressive Real Estate Partners has arranged the sale of Shops at Fontana Square, an unanchored multi-tenant retail center in Fontana. A private Arizona-based investor sold the asset to a private Southern California-based investor for $2.8 million. Located at 17218 Foothill Blvd., the 7,194-square-foot shopping center was built in 2008. At the time of sale, the property was fully occupied with a stable mix of seven internet-resistant services. Greg Bedell and Mike Lin of Progressive Real Estate Partners represented the seller, while Dolly Yau of Dollly Realty represented the buyer in the deal.
Progressive Real Estate Partners Negotiates $2.8 Million Sale of Shops at Fontana Square in Southern California