Progressive Real Estate Sells Multi-Tenant Retail Center in California

Fontana, Calif. — The property is shadow-anchored by Brunswick Foothill Bowling Center and is directly across from a Walmart-anchored shopping center.

Progressive Real Estate Partners has sold a 7,194-square-foot retail center located in Fontana. The fully leased center was sold in an all-cash transaction for $2.65 million. The property is shadow-anchored by Brunswick Foothill Bowling Center and is directly across from a Walmart-anchored shopping center. The Progressive team of Brad Umansky, Frank Vora and Greg Bedell exclusively marketed the property and represented the seller, a private trust based in Los Angeles. Janet Valentin from VRE Commercial represented the buyer, a private investor based in Riverside. Built in 2008, the center has a mix of local and regional shops and services including Freeway Auto Insurance and RPM Lenders. 

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