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INDUSTRY newsRetail

Draeger’s Market to Shutter Danville Location After Two Decades as Struggling Plaza Loses Key Anchor

Upscale grocer’s departure from Blackhawk Plaza highlights persistent challenges facing suburban retail centers Draeger’s Market will close its Blackhawk Plaza location in Danville...

CommercialFinanceINDUSTRY news

As Retail Continues to Struggle, Danville’s Blackhawk Plaza Trades for $38.3MM

By Meghan Hall One of the East Bay’s most well-known shopping centers has traded hands in a transaction that closed in April. According...

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CommercialFinanceINDUSTRY news

CenterCal Properties to Buy Chevron Building for Retail Redevelopment in Concord for $42MM

[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d12580.830355619171!2d-122.05885060000001!3d37.97228450000002!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x808566c725837a37%3A0x9cd033b8580591f9!2s2001+Diamond+Blvd%2C+Concord%2C+CA+94520!5e0!3m2!1sen!2sus!4v1438235551832&w=600&h=450] By Jon Peterson El Segundo-based CenterCal Properties is in the process of paying approximately $42 million, or $73 per square foot,...

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