Progressive Real Estate Partners Brokers 7,500 SF Restaurant Lease in San Bernardino, CA

RANCHO CUCAMONGA, Calif. - March 5, 2015 - PRLog -- Progressive Real Estate Partners announced today that it has completed a 10-year lease with Shogun Japanese Restaurant for a 7,500 square-foot freestanding restaurant building (former Elephant Bar & Grill) at 1050 E. Harriman Place in San Bernardino, California.  The restaurant is projected to open in summer of 2015 and is ideally located between Costco and Sam’s Club in The Hub shopping center which is part of San Bernardino’s freeway-adjacent premeir Hospitality Lane business district that also includes the Tri City Corporate Center.

In addition to Costco and Sam’s Club, neighboring major tenants including Best Buy, Home Depot, Staples, LA Fitness, Olive Garden, Buffalo Wild Wings, Marriott Residence Inn and Marriott Fairfield Inn.  Adding to the regional draw, is the adjacent 153-acre master planned Tri-City Corporate Center featuring almost 2 million square-feet of office space.  The location enjoys a daytime population of over 112,000 employees within a 3-mile radius. The Hub also has excellent freeway visibility and signage on the heavily-traveled I-10 freeway with an average daily traffic count of over 200,000 cars.

Headquartered in Pasadena, California, Shogun (www.restaurantshogun.com) currently has six restaurants with grand openings planned for three additional locations including San Bernardino.  The family-friendly restaurant serves both lunch and dinner and offers diners an extensive menu ranging from fine Japanese entrees to Teppanyaki masterfully prepared by its staff of entertaining chefs.   Shogun intends to invest over $500,000 in upgrades to the interior of the building to give the restaurant an authentic Japanese ambiance.

The Progressive Real Estate Partners broker team of Paul Galmarini and Kenia Drugan marketed the property and exclusively represented both Shogun and the lessor in the transaction.

“The superb regional location, excellent co-tenancy, freeway signage and strong demographics made this the perfect location for Shogun to expand their dining concept to a new customer base.  The restaurant will be a great addition to both the shopping center and the community”, according to Paul Galmarini, Senior Retail Specialist at Progressive Real Estate Partners.  “The lease was completed within 120 days from the closing of the former restaurant operator and serves as another excellent example of the increased demand we continue to see from retailers looking to expand in Southern California’sInland Empire market” Galmarini added.

About Progressive Real Estate Partners

Progressive Real Estate Partners (PREP) is a boutique commercial brokerage firm headquartered in Rancho Cucamonga, California. Founded in 2008, the firm specializes in the leasing and sale of retail properties in Southern California’s Inland Empire market.  The office is also the exclusive Inland Empire representative of the Retail Brokers Network (RBN). Since the firm’s inception Progressive has completed over 400 lease and sales transactions in over 35 cities throughout the region. Progressive uses the latest marketing and brokerage techniques to help retailers and property owners achieve their real estate goals. PREP is led by Brad Umansky, founder and president. For further information visit www.progressiverep.com.