REBusinessOnline

Progressive Real Estate Arranges $2.7M Acquisition of Jack in the Box Property in Los Angeles County

101-W-Foothill-Blvd-Pomona-CA

Jack in the Box occupies the restaurant property at 101 W. Foothill Blvd. in Pomona, Calif.

POMONA, CALIF. — Progressive Real Estate Partners has brokered the purchase of a restaurant property located at 101 W. Foothill Blvd. in Pomona. A San Gabriel, Calif.-based private investor acquired the asset from an undisclosed seller for $2.7 million. Mike Lin of Progressive Real Estate Partners represented the buyer in the deal.

Jack in the Box has occupied the property, which features a drive-thru lane, for more than 30 years. Originally built in 1976, the property underwent a major renovation in 2020 to reflect the current store branding.

Content Partners
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Walker & Dunlop

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