Progressive Real Estate Brokers $5.7M Sale of Retail Property in Pomona, California

Progressive Real Estate Brokers $5.7 Million Sale of Single-Tenant Retail Property in Metro Los Angeles

Pomona, Calif. — Progressive Real Estate Partners has brokered the $5.7 million sale of a single-tenant retail property located in Pomona, roughly 30 miles east of downtown Los Angeles. Built… The post Progressive Real Estate Brokers $5.7 Million Sale of Single-Tenant Retail Property in Metro Los Angeles appeared first on Shopping Center Business.

Progressive Real Estate Brokers $5.7M Sale of Retail Property in Pomona, California

POMONA, CALIF. — Progressive Real Estate Partners has arranged the sale of a single-tenant, triple-net leased retail property located at 601 E. Holt Ave. in Pomona. A private Southern California-based investor sold the asset to a Los Angeles-based private developer and investor for $5.7 million. Brad Umansky and Lance Mordachini of Progressive Real Estate Partners represented the seller, while Alex Smith of Rosewood Realty Corp. represented the …