$104 million: Major investors buy big Palo Alto Alto complex

$104 million: Major investors buy big Palo Alto Alto complex

3 years ago
Anonymous $y15ULlV7sG

https://www.siliconvalley.com/2020/12/31/real-estate-104-million-buy-big-palo-alto-retail-office-grocer/

PALO ALTO — A real estate group headed by big-time investors in New York City and the Bay Area has bought a prominent grocery, retail, and office complex in a choice section of Palo Alto for nearly $104 million, according to property documents.

An affiliate connected to KKR, a major private equity firm, and Drawbridge Real Estate, has bought First Republic Center, a commercial complex located at 2100 El Camino Real in Palo Alto, documents filed on Dec. 30 with officials in Santa Clara County show.