2505-2575-Highland-Ave-San-Bernardino-CA

Progressive Real Estate Negotiates Sale of Four Adjacent Retail Properties in San Bernardino for $7M

by Amy Works

SAN BERNARDINO, CALIF. — Progressive Real Estate Partners has arranged the sale of four adjacent separately parceled retail properties in San Bernardino. An undisclosed Los Angeles-based seller sold the assets to an undisclosed San Bernardino County, Calif.-based buyer for $7 million.

Located at 2505-2575 Highland Ave., the properties are net leased to tenants including IHOP, Wienerschnitzel, Taco Bell and a 76 gas station.

Lance Mordachini and Trinnie Lee of Progressive Real Estate represented the seller, while Kevin Kwan of Realiv represented the buyer in the transaction.

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