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Los Angeles Investor Buys Long-Held Silicon Valley Shopping Center

Purchase of Sunnyvale Property Is End of an Era
The Cala Center, a shopping center built in the 1980s, is one of three long-held retail centers on Sunnyvale's El Camino Real that have sold in the second half of 2020. (CoStar)
The Cala Center, a shopping center built in the 1980s, is one of three long-held retail centers on Sunnyvale's El Camino Real that have sold in the second half of 2020. (CoStar)
By Clare Kennedy
CoStar News
December 31, 2020 | 7:55 P.M.

Balboa Retail Partners has bought yet another strip mall in the Silicon Valley city of Sunnyvale, California, where it has acquired two other retail centers this year.

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