Local College Snaps Up Former Rite Aid in Barstow

Progressive Real Estate Partners represented a Southern California real estate developer in the sale of a 17,272-square-foot freestanding retail building located at 1380 Barstow Rd. in Barstow for $2.95 million. A local public college acquired the building which was formerly occupied by Rite-Aid.

The retail building is located at the intersection of two major freeways, Interstate 15 and Interstate 40, which are traveled by approximately 19 million vehicles annually. Additionally, over 60 million people stop, shop and dine in Barstow each year.

SVP Paul Galmarini of Progressive Real Estate represented the seller. The buyer was represented by George Okita and Sophia Heimall of California Commercial Real Estate Services.

“Our comprehensive, out-of-the-box marketing program along with the college’s vision was instrumental in securing this deal,” said Galmarini. “The college was attracted to the property’s proximity to its main campus, boosting organic facilities’ growth for the college.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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