Our Blog

  • Posted by Brad Umansky on January 03, 2019

Inland Empire Market Overview & What’s In Store for 2019!

Happy New Year and wishing everyone a healthy, happy and successful 2019!  I’m coming to you live from the Progressive Real Estate Partners headquarters in Rancho Cucamonga which of course is in the Inland Empire! Before providing some thoughts on what’s in store for SoCal’s Inland Empire retail market in the new year here’s a...
Read More
  • Posted by Brad Umansky on November 24, 2018

Mom & Pop Retailers Make a Comeback in SoCal’s Inland Empire

While reviewing Progressive Real Estate Partner’s leasing activity for the year, I’ve noticed an interesting trend happening in SoCal’s Inland Empire.  Year to date a whopping 78% of our leasing transactions have been with independent mom and pop retailers. This is by far the highest percentage since 2010.  In 2015, 2016, and 2017 the figures...
Read More
  • Posted by Brad Umansky on August 14, 2018

How BIG is the Big Box Vacancy Problem in SoCal’s Inland Empire?

Much has been written about the changing retail marketplace especially as it relates to the impact of e-commerce but another major story line has been around how developers and landlords are addressing the closing of multiple large format retailers (ie Sears, Kmart, Toys R Us, etc.) which has resulted in a significant increase in vacant...
Read More
  • Posted by Brad Umansky on May 24, 2018

It’s a Wrap! Another ICSC RECon in the Books!

My Takeaways from the Show!  And that’s a WRAP on ICSC RECon 2018!  The Progressive Real Estate Partners team was there in force with 12 of our brokers actively dealmaking, networking and diligently working the floor. Collectively we had a record 100+ formal meetings and at least a couple hundred informal meet-ups where we were...
Read More
  • Posted by Brad Umansky on February 26, 2018

Amazon SO (What?) – 5 Takeaways from My Visit to the Amazon Go Store

I am writing this blog as I return from a trip to Seattle which of course included a visit to  the most talked about small retail space ever – the Amazon Go grocery store! For all the press this store has received for its incredible technology, I think it is really just “Amazon So (What?)”. ...
Read More
  • Posted by Brad Umansky on February 16, 2018

7 Ways to Help Your Retail Leasing Broker Fill Those Last Few Spaces

Working Together Produces Winning Results Progressive Real Estate Partners specializes in retail leasing in SoCal’s Inland Empire and we have worked with literally hundreds of property owners and landlords in the market.  We always view the relationship as a “team effort” and, although your retail leasing broker is an independent contractor, they should be thought of...
Read More
  • Posted by Brad Umansky on October 31, 2017
  • Retail Leasing, Retail Leasing Broker

Could This Be Our Last 10/31 (aka 1031) Year?

Happy Halloween!  The Progressive Real Estate Partners team always enjoys celebrating Halloween and this year It occurred to me that this might be the last year for another type of “10/31” – – aka the 1031 exchange which is currently on the menu of possible tax “loopholes” to be eliminated in an effort to make...
Read More
  • Posted by Brad Umansky on October 24, 2017

Pizza, Starbucks and What I Learned from Italy’s Retail Scene

Ciao friends – – my wife and I just returned from a fantastic trip to Italy. We visited Rome, Florence, Siena, Como, and Venice.  Stepping out of SoCal’s Inland Empire for a couple of weeks was really enlightening and refreshing.  While it’s still top of mind I wanted to share a few of my observations...
Read More