South San Jose Shopping Center Sells Below 6 Percent Yield

By Sharon Simonson A San Diego-based real estate investment trust that has been acquiring Bay Area retail properties has paid a partnership involving Barry Swenson Builder $31.6 million for a 125,000-square-foot San Jose shopping center. At the purchase price, Retail Opportunity Investments Corp. accepted a going-in yield, or capitalization rate, of less than 6 percent, […]