Cupertino Shopping Center Sells, Gains Asian Grocer

By Jon Peterson Walnut Creek-based Browman Development Co. has acquired Cupertino’s 77,000 square-foot McClellan Square shopping center and will replace mainline grocer Lucky Supermarkets with Asian grocer 99 Ranch Market. Greg Gray, a senior originator with Burlingame’s Barry Slatt Mortgage, said the cash-and-debt purchase involved a $13 million mortgage to acquire the property and complete […]