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Home Finance Cohen & Steers, Sterling Organization Acquire 231,700 SQFT Shopping Center in San Mateo for $127MM
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Cohen & Steers, Sterling Organization Acquire 231,700 SQFT Shopping Center in San Mateo for $127MM

December 26, 20242 Mins read1.1k
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Cohen & Steers Income Opportunities REIT, Bridgepointe Shopping Center, San Mateo, Sterling Organization, Total Wine & More, Nordstrom Rack, Ross Dress for Less, Marshalls, Bay Area, Alphabet, Apple, Gilead Sciences, META, Nvidia, Salesforce, San Mateo County, Silicon Valley, San Francisco, Teachers Insurance and Annuity Association of America
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(Editor's Note: According to sources with knowledge of the transaction details, the sales price was $127 million, or approximately $548 per square foot. The seller was an entity affiliated with TIAA.)New York, December 23, 2024—Cohen & Steers Income Opportunities REIT, Inc. (“CNSREIT”) announced today its acquisition of Bridgepointe Shopping Center, an open-air community shopping center […]

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