A Rancho Cucamonga brokerage closed a deal priced well below what comparable Inland Empire shop-space centers have fetched this year, betting that below-market rents and a below-market basis outweighed the property's lack of national-credit tenants. Progressive Real Estate Partners arranged the $5.6 million sale of a 28,000-square-foot multi-tenant retail center at 5458-5484 Moreno St. in […]
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