https://www.siliconvalley.com/2021/12/27/redwood-city-sequoia-station-shopping-center-to-be-turned-into-transit-oriented-mixed-use-project/

REDWOOD CITY — A Los Angeles-based developer has paid $73 million to buy property at the Sequoia Station strip mall off El Camino Real that it hopes to transform into a mixed-use transit-oriented development, another significant step in the city’s massive downtown redevelopment project.

Real estate investment firm Lowe recently sealed an off-market transaction to acquire Regency Centers Corp.’s six-acre portion of the 12-acre Sequoia Station Shopping Center in downtown Redwood City, whose anchors are CVS and Safeway. Lowe already owned the other half of the site.