San Jose retail site lands buyer that seeks “necessity-based” centers

San Jose retail site lands buyer that seeks “necessity-based” centers

3 years ago
Anonymous $drS9DEX_Sj

https://www.siliconvalley.com/2021/09/08/san-jose-retail-complex-lands-buyer-necessity-center-real-estate-covid/

SAN JOSE — A shopping center in an affluent section of San Jose has been bought by a real estate firm that hungers for complexes featuring “necessity-based” tenants that have become popular in the COVID era.

Canyon Creek Plaza, a shopping center in southeast San Jose’s Evergreen Valley district, was purchased for $27.9 million by Retail Opportunity Investments Corp., documents filed on Sept. 3 with the Santa Clara County Recorder’s Office show.

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