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California  + Inland Empire  + Retail  | 

Corona Freeway Center Claimed for $11M

Progressive Real Estate Partners sold Corona Freeway Center located at 2410 Wardlow Rd. in Corona, CA for $11 million in an all-cash transaction. The buyer was Irvine, CA-based PRES Companies.

Built in 1991, the 67,690-square-foot center was recently renovated including a new roof, new HVAC, updated landscaping, painting and major upgrades to the parking lot. Improvements also included the addition of a 60-foot tall digital freeway pylon sign that lists all of the tenants, and also features a 400-square-foot digital screen that is available for the tenants to use for advertising.

The well-established multi-tenant center is directly adjacent to the 91 Freeway, with nearly 700 feet of frontage that exposes the property to roughly 263,500 vehicles daily.

Progressive Real Estate Partners’ Frank Vora exclusively marketed the property and represented the seller, an undisclosed Orange County-based private investor. Industrial Brokers’ Greg Ozimec represented the buyer.

For comments, questions or concerns, please contact Dennis Kaiser

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Inside The Story

Connect With PRES CompaniesConnect With Industrial Brokers’ OzimecConnect With Progressive Real Estate Partners’ Vora

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition
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