September 29, 2016
Connect Inland Empire is around the corner on October 6. Explore the agenda and register today!
Rancho Cucamonga, CA-based Progressive Real Estate Partners completed a $2.2-million sale of a roughly 8,000-square-foot, mixed-use building in Chino, CA. The 100%-leased, two-story retail and office building is part of Yorba/Riverside Plaza.
Built in 1991, the property is occupied by Mother’s Nutritional Center, WIC, T-Mobile Cell Tower and two medical office tenants providing home healthcare and hospice services.
Progressive Real Estate Partners’ Frank Vora exclusively marketed the property and represented the seller, an unnamed private Orange County, CA-based investor. Reno Business Investment Group’s Leo Gao represented the buyer, an undisclosed private Chino Hills, CA-based investor.
Vora says, “The demand for well-priced multi-tenant properties continues to be strong in SoCal’s Inland Empire, and we expect it to stay that way for the foreseeable future.”
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