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Tag Archives: Real Estate

PREP negotiates to fast-food leases

PREP negotiates to fast-food leases

Progressive Real Estate Partners in Rancho Cucamonga has negotiated two Inland Empire leases on behalf of a sandwich shop chain. Capriotti’s Sandwich Shop plans to open restaurants in Ontario and Murrieta this month,  according to a statement posted July 8 on Progressive’s website. The Ontario location at 920 N. Have …

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Inland homebuilder donates to affordable housing nonprofit

Inland homebuilder donates to affordable housing nonprofit

A Rancho Cucamonga-based homebuilder has donated $400,000 to National CORE, one of the country’s largest nonprofit affordable housing developers. The Previti Group, formerly known as Frontier Enterprises, made the donation to underscore the company’s commitment to “giving back” to the communities it serves, in particular the Inland Empire, according to …

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Inland retail broker arranges San Gabriel Valley sale

Inland retail broker arranges San Gabriel Valley sale

Progressive Real Estate Partners in Rancho Cucamonga has negotiated the sale of a San Gabriel Valley shopping center. The retail strip center at 532-540 N. Azusa Ave. in West Covina sold for $2.4 million in an all-cash transaction, according to a statement posted on Progressive’s website. Progressive represented the seller who …

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Report: Most renters can’t afford their rent

Report: Most renters can’t afford their rent

Most U.S. renters can’t afford the monthly rent on a median-priced apartment, a report has found. The typical renter household earns about $54,712 a year, 17.3 percent less than is needed to pay the median monthly rental rate of $1,653, according to a study released June 24 by Redfin, a …

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Chick-fil-A property sold

Sold Sign

A 5,000-square-foot parcel in Murrieta that is occupied by a Chick-fil-A has been sold for $6.5 million. The restaurant at 27960 Clinton Keith Road opened in March and has a 15-year ground lease attached to it, according a statement released June 24. SRS Real Estate Partners in Dallas represented the …

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Progressive to handle next round of leasing at Chino shopping center

Progressive to handle next round of leasing at Chino shopping center

Progressive Real Estate Partners in Rancho Cucamonga will market Chino Hills Marketplace, the regional shopping center next to the 71 Freeway. Paul Su and Roxanne Klein, both vice presidents of retail leasing and sales, have been selected to conduct second-generation leasing at the 310,600-square-foot facility, according to statement on Progressive’s website. …

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