The property asset involved in this transaction is the Tower Plaza Commercial Center, located at 34590–34664 County Line Road in Yucaipa. The asset encompasses a total of 39,422 square feet and includes three buildings with 27 tenants, contributing to its fully leased status. The sale price for the property was $7,000,000, resulting in a price per square foot of $178.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $7,000,000
• Square Footage: 39,422
• Price per Square Foot: $178
• Address: 34590-34664 County Line Road
• Market: Yucaipa
• Buyer's Representative: Tricia Cerda - REMAX Redlands
• Seller's Representative: Greg Bedell - Progressive Real Estate Partners

This transaction was brokered by Progressive Real Estate Partners, where Greg Bedell represented the seller, who was the original developer of the property. The buyer, represented by Tricia Cerda of REMAX Redlands, is based in the Inland Empire.