Progressive Real Estate Partners Completes $13,525,000 Sale of Multi-Tenant Retail Center in LA Area

Progressive Real Estate Brokers $13.5M Sale of Multi-Tenant Retail Center in Walnut, California

WALNUT, CALIF. — Progressive Real Estate Partners has negotiated the sale of The Shops at Walnut Hills Plaza, a fully leased shopping center located at 18718-18766 Amar Road in Walnut. Portola Real Estate Partners acquired the asset from a Los Angeles-based private investor for $13.5 million. Roxy Klein and Greg Bedell of Progressive Real Estate Partners represented the seller in the deal. Built in 1983, The Shops at Walnut Plaza features 19 e-c…

Progressive Real Estate Partners Completes $13,525,000 Sale of Multi-Tenant Retail Center in LA Area

Progressive Real Estate Partners, a leading Inland Empire, California retail brokerage firm, announced the $13,525,000 sale of The Shops at Walnut Hills Plaza, a fully leased 37,173-square-foot multi-tenant retail center located at 18718 – 18766 Amar Road in Walnut, California to Portola Real Estate Partners. Built in 1983, The Shops at Walnut Hills Plaza features 19 e-commerce resistant tenants including restaurants, medical, beauty, and daily-…