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Progressive negotiates fast-food lease

Progressive negotiates fast-food lease

Progressive Real Estate Partners in Rancho Cucamonga has helped negotiate a lease for a drive-thru restaurant in Los Angeles County.

The Habit Burger Grill will occupy a 2,366-square-foot pad/building in a strip mall at 1245 N. Grand Ave. across the street from Mt. San Antonio College in Walnut, according to a statement posted on Progressive’s website.

The lease is for 10 years. Terms were not disclosed.

Mt. San Antonio College has a student-faculty population of more than 30,000, and over 76,000 residents live within a three-mile radius of the property.

Progressive represented the property owner, whose name was not released. Highland Partners Corp. in El Segundo represented The Habit, which plans to renovate the building and open there by the end of this year.

Nearby retailers include Subway, Wingstop, Yoshinoya and a Chevron station.

Based in Irvine, The Habit has nearly 340 restaurants throughout the United States, according to the statement.

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