Inland Empire Retail Brokerage (142)

Brad’s Blog – 12 Takeaways from the 2024 RENTV Inland Empire State of the Market Conference

This post originally appeared on tBL member  Progressive REP Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. I recently had the opportunity to attend and participate as a retail panelist at the RENTV Inland Empire State of the Market Conference.  I enjoyed sharing the podium with Matt Magnaghi of […]

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Brad’s Blog – The Importance of Using a Loan Expert When Financing Your Commercial Property

This post originally appeared on tBL member  Progressive REP Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. I have always found that the Marcus & Millichap (NYSE: MMI) quarterly and annual SEC reports are very informative and, in my opinion, present the purest form of data about the investment […]

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Navigating Today’s Retail Investment Sales Market

This post originally appeared on tBL member  Progressive REP Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. If someone tells you with certainty what your retail property is worth in today’s market, you can be confident that they are either naive or not giving you the full picture. Following […]

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Brad’s Blog – Unpacking California’s $20/hour Fast Food Minimum Wage Legislation

This post originally appeared on tBL member  Progressive REP Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. On April 1, 2024, the minimum wage for fast food workers who work at a “National Fast Food Chain” will increase to $20/hour in California. This is a full 25% higher than […]

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Brad’s Blog – Inland Empire Retail Wrap Up and Outlook for 2024

This post originally appeared on tBL member  Progressive REP Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. There have been a lot of articles and blogs detailing all the events of 2023. Although it’s always good to reflect back and learn from experience, at Progressive Real Estate Partners we’re […]

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Brad’s Blog – My Journey to Earning the CCIM Designation

This post originally appeared on tBL member  Progressive REP Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. I’m pleased to share that I recently earned the CCIM Designation following over 200 hours of course work and successfully passing the 6-hour exam in Seattle last month. The acronym CCIM stands […]

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Brad’s Blog – ICSC 2023 Western Conference: Insights and Observations

This post originally appeared on tBL member  Progressive REP Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Last week, twelve members of the Progressive Real Estate Partners team traveled to San Diego to attend the 2023 ICSC Western Conference. Since our firm is most active in Southern California this […]

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Brad’s Blog: Inland Empire 3rd Quarter Retail Data – It’s All About Perspective

This post originally appeared on tBL member  Progressive REP Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. After reviewing the 3rd quarter 2023 stats for SoCal’s Inland Empire retail real estate market, it’s clear we’re still enjoying a favorable market BUT I realize how one interprets the information largely […]

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Brad’s Blog – A SoCal Perspective on Nation’s Restaurant News Top 500 Restaurant Chains

This post originally appeared on tBL member  Progressive REP Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Nation’s Restaurant News publishes a list of the Top 500 Restaurant Chains ranked by sales volume. They also include total sales growth, per unit sales growth,  per unit growth, and the number […]

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Brad’s Blog – BUYER BEWARE: What You Should Know About Your 1031 Exchange Qualified Intermediary

This post originally appeared on tBL member  Progressive REP Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. About 15 years ago, I was involved in a transaction for over $10M that didn’t close because the buyer’s money was stolen by their Qualified Intermediary (“QI”) also known in the industry […]

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Brad’s Blog – My New Perspective Towards Providing Disability Access

This post originally appeared on tBL member  Progressive REP Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Ask any property owner, tenant, developer, or broker what they think of the American Disabilities Act (“ADA”), and you will likely get an earful of negative feedback. I share much of that […]

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Brad’s Blog – My Take on the 2nd Quarter Retail Real Estate Data for SoCal’s Inland Empire

This post originally appeared on tBL member  Progressive REP Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Today’s retail real estate market in SoCal’s Inland Empire fascinates me. In my 30+ year career and as President of Progressive Real Estate Partners, I believe this may be the fundamentally strongest […]

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Brad’s Blog – 7 Key Takeaways from the 2023 ICSC Las Vegas Conference

This post originally appeared on tBL member  Progressive REP Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. It was great to be back in person at this year’s ICSC Las Vegas conference and to learn about the latest trends shaping the retail real estate industry. Nine brokers from the […]

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Amazon Scaling Back!

Video Index 00:14 Amazon Retail closings (Fresh and Go stores) 01:13 Warehouse closings 01:53 Recent Amazon property sale cap rates 02:27 Amazon’s retail future (including Amazon Style) Hello Investors! In today’s newsletter, I’ll be talking about Amazon’s foray into bricks and mortar retail, and how that has been evolving over the past 8+years.In 2015, Amazon opened its first bookstore in […]

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Brad’s Blog – Inland Empire’s Retail Real Estate Market Jockeys for Success in 2023

This post originally appeared on tBL member  Progressive REP Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Like many of you I’m excited to watch the Kentucky Derby this weekend. The infamous race is known for its pageantry and unpredictability, with different horses and jockeys vying for the win.  […]

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Brad’s Blog – Four New Major Projects Shaping the Inland Empire’s Future

This post originally appeared on tBL member  Progressive REP Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. One of the aspects of living and working in Southern California’s Inland Empire is the dynamic nature of the region. The growth is like a piece of artwork that never gets completed, […]

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Amazon Scaling Back!

Video Index 00:14 Amazon Retail closings (Fresh and Go stores) 01:13 Warehouse closings 01:53 Recent Amazon property sale cap rates 02:27 Amazon’s retail future (including Amazon Style) Hello Investors! In today’s newsletter, I’ll be talking about Amazon’s foray into bricks and mortar retail, and how that has been evolving over the past 8+ years. In 2015, Amazon opened its first […]

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Brad’s Blog – Highly Recommend Listening to the Hot Spotting Real Estate Podcast

This post originally appeared on tBL member  Progressive REP Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. This blog is a bit promotional, but mostly for Mike Tohikian’s Hot Spotting Podcast. I recently had the opportunity to be a guest on Mike’s podcast and it was a lot of […]

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Brad’s Blog – A Restaurant That Chases Many Customers May Catch None

This post originally appeared on tBL member  Progressive REP Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. The headline of this blog paraphrases a quote attributed to Confucious that says, “the man who chases two rabbits catches none.” As I observe the restaurant industry these days, this saying comes […]

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Brad’s Blog – Observations About SoCal’s Inland Empire Retail Real Estate Market as We Start 2023

This post originally appeared on tBL member  Progressive REP Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Last year was a record year for the Progressive Real Estate Partners team having completed more retail investment sales and leasing transactions (134) than any other brokerage in SoCal’s Inland Empire. Although […]

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Brad’s Blog – 5 Book Recommendations for Next Week or Next Year

This post originally appeared on tBL member  Progressive REP Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. This year’s holiday calendar results in Christmas and New Years both being on Sunday which is likely to mean our industry will be very quiet next week. Commercial real estate seems to […]

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My First Spartan Race

Video Index 00:00 My first Spartan Race! 01:07 Just sold – Chino Village Shopping Center 01:52 The Tenants video game 02:53 Target’s new large format stores 03:40 New tax on LA property sales over $5MM 04:37 Updates on the Metaverse 06:09 Work from Home and Office Real Estate Apocalypse Hello Investors! I hope you had […]

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Brad’s Blog – A Tribute to Cheryl Fry, a Dear Friend to So Many in the Retail Real Estate Industry

This post originally appeared on tBL member  Progressive REP Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. It is with great sorrow that I share that Cheryl Fry recently passed away suddenly and unexpectedly of cardiovascular disease. She was 64. For those of you who didn’t know her, Cheryl […]

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Brad’s Blog – What Type of Retail Space is Being Built in SoCal’s Inland Empire?

This post originally appeared on tBL member  Progressive REP Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. In my most recent blog I provided an update on the 3rd quarter 2022 retail real estate market in SoCal’s Inland Empire.  In that blog I referenced the fact that there has […]

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Brad’s Blog – 3rd Quarter 2022 Inland Empire Retail Real Estate Trends

This post originally appeared on tBL member  Progressive REP Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Many members of the Progressive Real Estate Partners team just returned from ICSC’s Western Conference in San Diego which happened to coincide with the end of the 3rd quarter of 2022. Some […]

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Brad’s Blog – Why an “Only for Lease” Building Often Becomes an “Owner-User Sale”

This post originally appeared on tBL member  Progressive REP Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Over the past two years, the Progressive Real Estate Partners team has closed over $50M in owner-user transactions which represents a substantial increase compared to prior periods of time.  An owner-user sale […]

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Brad’s Blog – What I Learned from the Legendary LA Dodgers Broadcaster Vin Scully

This post originally appeared on tBL member  Progressive REP Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Wow – 67 Freakin’ Years!  It is almost unfathomable that anyone had the same job for that long. Vin Scully broadcasted Dodgers baseball for more time (35 years) AFTER he was inducted […]

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