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California  + Inland Empire  + Retail  | 
Nordstrom Rack will place Bed Bath & Beyond at Canyon Springs Marketplace in Riverside, in a deal arranged by Progressive Real Estate Partners

Nordstrom Rack Takes Anchor Tenancy in Riverside 

Progressive Real Estate Partners arranged a new lease with Nordstrom Rack for a 30,000-square-foot anchor space, formerly Bed Bath & Beyond, at 2660 Canyon Springs Pkwy. in Riverside.   

The store will be located in the 183,000-square-foot freeway adjacent Canyon Springs Marketplace and is expected to open in Fall 2022.  Nordstrom Rack will join Marshalls, Old Navy, Petco, Big Lots, Best Buy and Michaels at the popular community center. 

Progressive president Brad Umansky and senior retail specialist Albert Lopez marketed the property and represented landlord TDA Investment Group. Jeff Nichols with CBRE Newport Beach represented Nordstrom Rack. 

Umansky said, “The excellent co-tenancy, strong demographics and outstanding freeway visibility made this the perfect location for Nordstrom Rack. In addition to providing the local community with a great new place to shop, it’s also terrific news for the shopping center gaining a new anchor tenant that will draw more traffic to the property.”

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Progressive Real Estate Partners' UmanskyCBRE's Nichols

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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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