Retail
Sterling Organization Buys Safeway-Anchored Center in Pleasanton for $79.1MM in Portfolio Deal
A Florida retail investor has added two Bay Area grocery centers and its first Hawaii property to a core fund built around a...
Starbucks-Anchored Shops at Foster Square in Foster City Returns to Market at $20.3MM, 7% Cap
Shops at Foster Square, a 2017-vintage Foster City retail center anchored by Starbucks and a U.S. Postal Service branch and filled out with...
Nuveen Acquires 174,000 SQFT Marigold Center in San Luis Obispo From First Washington Realty for $58.25MM
Nuveen Real Estate paid $58.25 million for Marigold Center, a 91.6 percent leased, Vons-anchored community center on San Luis Obispo's Broad Street corridor,...
San Jose Lets Kimco Build Homes First at 18-Acre Cambrian Park Village, Trimming $35MM in Upfront Costs
San Jose planning officials removed a requirement that Kimco Realty build the commercial core of its 18-acre Cambrian Park Village before or alongside...
Santa Clara Opens Developer Hunt for 4.8-Acre Downtown Site Slated for 300+ Homes, Food Hall and Revived Theater
Santa Clara has released a two-phase Request for Proposals (RFP) seeking a developer to ground lease 4.83 acres of City-owned land at 900...
Hines Ties Downtown San Jose Retail Revival to Major Data Center Expansion
The Houston-based developer is asking San Jose to fast-track a makeover of its 150 South First Street building that would fill 11 vacant...
Sand City Holdings Acquires 25,000 SQFT Shops at Edgewater for $9.45MM in Sand City, 36% Below 2014 Price
A private investor group paid $9.45 million for a fully leased 25,223-square-foot building inside the Edgewater on Monterey Bay shopping center, about 36...
Lender Markets Foreclosed 28,000 SQFT Jackson Square Building Assessed at $37.5MM in San Francisco
About a year after a CMBS lender took back 244 Jackson Street at a foreclosure auction, it has brought the 1913 brick building...
Oakland Retail Vacancy Headed to 6.8% as New Construction Falls to Lowest Level Since 2007
Marcus & Millichap's newly published third-quarter report on the Oakland metro forecasts retail vacancy rising to 6.8 percent by year-end and asking rents...
Port of San Francisco Opens Alioto’s Plaza at Fisherman’s Wharf After 11,000 SQFT Restaurant Proved Too Costly to Lease
The Port of San Francisco cut the ribbon on a 5,000-square-foot public plaza at Fisherman's Wharf on Sept. 2, converting the site of...
Back Nine Golf Leases 4,000 SQFT at The Swig Company’s 444 Castro for Mountain View Indoor Golf Venue
Franchise indoor golf operator Back Nine Golf has claimed 3,600 square feet on the ground floor of The Swig Company's 12-story 444 Castro...
Toys R Us Returns to the Bay Area with Stores at Bay Street Emeryville and Streets of Brentwood as WHP Global Adds 120 US Locations
The most famous casualty of the last decade's retail shakeout is back on Bay Area shopping centers, with Toys R Us opening holiday...
