Balboa Retail Partners Buys Out Long-Time Family Owners in $32.5MM Sunnyvale Deal

By Meghan Hall Los Angeles-based Balboa Retail Partners has expanded its Bay Area retail portfolio, once again buying from long-time owners in Sunnyvale. In a deal that closed before Christmas, Balboa purchased the Cala Center for $32.5 million. The sellers were the Cala Family, who have owned the property since at least the 1940s and […]