Progressive Arranges Sale of Retail Center, Signs Six New Tenants to Mixed-Use Development in California

by Katie Sloan

San Jacinto and Corona, Calif. — Progressive Real Estate Partners has arranged the $4.9 million sale of Dollar General Town Center, a 27,112-square-foot retail center located in the Inland Empire community of San Jacinto.

Dollar General anchors the fully occupied center. Greg Bedell of Progressive represented the seller, a private Huntington Beach-based investor, in the 1031 exchange transaction. Rob Sauser of PMZ Commercial represented the buyer, a private family trust based in Newport Beach.

The firm also recently signed six new tenants to open at Metro at Main, a mixed-use development located at North Main and Rincon streets in Corona, California. Tenants set to open include a 1,845-square-foot Coffee Bean & Tea Leaf; a 3,138-square-foot America’s Best Vision; a 1,398-square-foot Poki Cat; an 859-square-foot Organic Junkie; a 1,337-square-foot Meraki Salon; and a 1,199-square-foot Union Barber & Beer Lodge. The project features over 60,000 square feet of retail and 868 luxury residential units. Paul Galmarini and Gretchen Lastra of Progressive represented the landlord in the transactions.

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