Unfinished San Jose retail, office site is seized through foreclosure

Unfinished San Jose retail, office site is seized through foreclosure

2 years ago
Anonymous $jukOC22bR_

https://www.siliconvalley.com/2022/02/14/san-jose-retail-office-site-real-estate-foreclosure-develop-covid/

SAN JOSE — A retail complex in San Jose that was never completed has been seized by its lender, a project that was hampered by its design, finances and the coronavirus outbreak.

The property occupies a prominent site on the busy commercial strip of Monterey Road in San Jose and was proposed a few years ago as a key commercial complex next to new residential developments expected to provide plenty of customers for the project’s merchants.