Our Blog

  • Posted by Brad Umansky on April 11, 2019

Riverside Food Lab is a Great Addition to Downtown Riverside

I recently had the opportunity to attend an economic development event in Downtown Riverside that highlighted all the hotel, residential and retail activity happening in the area. For me, the high point of the get together was visiting the Riverside Food Lab, the Inland Empire’s first food hall as well as spending some time with...
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  • Posted by Brad Umansky on March 25, 2019

How to Sell a Gas Station or Car Wash With PREP Specialist Victor Buendia

I recently sat down with Victor Buendia, Progressive Real Estate Partners’ resident gas station and car wash sales specialist, to discuss the differences in selling this type of asset that includes BOTH the business AND the real estate compared to a typical investment sale property. Victor has successfully closed numerous gas station and car wash...
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  • 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...
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  • 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...
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  • 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...
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  • 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...
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  • 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?)”. ...
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  • 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...
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