When Rockwood Capital and Four Corners Properties bought the Water Tower Plaza office and retail building in downtown Campbell, the “walkability” of the neighborhood was cited in the decision to buy. According to Seattle-based Web site and research company Walk Score, downtown Campbell is a “walker’s paradise.” Its 94-point score on a 100-point scale makes it one of the most walkable neighborhoods in Silicon Valley. We in the Bay Area hear a lot about the virtue of urban living, including benefits for the air, natural environment and public health. The region’s preoccupation has been … [Read more...]
Sale of Pacific Commons Shopping Center in Fremont
SAN FRANCISCO, CA – December 11, 2013 – HFF announced today the sale of Pacific Commons Shopping Center, an 865,783-square-foot regional power center in Fremont, California. Noted as one of the largest power centers in Northern California, HFF marketed the property on behalf of the seller, an affiliate of Catellus Development Corporation, a TPG Real Estate investment. Heitman purchased the asset which was subject to an existing loan. Pacific Commons Shopping Center is located at the southwest corner of Interstate 880 and Auto Mall Parkway. Completed in phases between 2004 and 2006, the … [Read more...]
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