Marina Square, a significant outlet center in San Leandro, has been purchased for $81 million, reflecting the ongoing strength and appeal of retail real estate in the Bay Area. The buyer, JH Real Estate Partners, is based in Orange County and plans to add this prominent property, located near Interstate 880, to its portfolio. Featuring popular stores including Nordstrom Rack, Nike Outlet, and various restaurants, the center benefits from high visibility and traffic, emphasizing its strategic location and the value retailers place on such sites.
Marina Square attracted an $81 million sale, indicating strong real estate demand for Bay Area retail sites due to location and popularity among shoppers.
JH Real Estate, headquartered in California, has expanded its retail portfolio with the acquisition, recognizing the ongoing demand for retail space in key locations.
Collection
[
|
...
]