Progressive Arranges Sale of Two Retail Properties in Southern California

The Shops at Mission Square in Montclair, California, is home to tenants including Panda Express, Little Caesars, Dairy Queen and Boost Mobile. The Shops at Mission Square in Montclair, California, is home to tenants including Panda Express, Little Caesars, Dairy Queen and Boost Mobile.

Fontana and Montclair, Calif. — Progressive Real Estate Partners has arranged the sale of two retail properties in California’s Inland Empire.

Dispositions include a single-tenant property leased to Tutor Time Learning Center in Fontana, which sold for $4.6 million in a 1031 exchange transaction; and the Shops at Mission Square, a 5,852-square-foot retail center located in Montclair, which sold for $4 million. Frank Vora of Progressive represented the seller, a San Diego County-based private investor, in the Tutor Time transaction. Chris Wen of Walton Realty represented the buyer, a Los Angeles-based private investor.

Greg Bedell of Progressive, in partnership with Joe Wojdowski of Epsteen & Associates, represented the seller, a private San Diego-based investor, in the disposition of the Shops at Mission Square. Scott Chang of 168 Realty represented the buyer, a private Yorba Linda-based investor. The property is home to tenants including Panda Express, Little Caesars, Dairy Queen and Boost Mobile. 

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