The owners of a building once called the College Terrace Centre have found a buyer for the Palo Alto, California, property, a mixed-use development that is encumbered by a restrictive covenant that generates more than $2,000 in city fines a day.
Silicon Valley Office-Retail Complex Sold After Unusual Spat With City
Angelo Gordon, Blox Unload Property Where Fines Mount Over Vacant Grocery Space
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