Stockbridge Looks East for Latest Buy

By Jon Peterson San Francisco-based Stockbridge Capital Group has paid $38 million, or $578 a square foot, to acquire the Trader Joe’s anchored Pinole Valley Shopping Center at 2702 Pinole Valley Road in Pinole. [contextly_sidebar id="1f4344a2472e56e1548e605149eb1717"]The investor underwrote the purchase to achieve a 6.7 percent unleveraged internal rate of return over a 10-year period, according […]