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Bay area complex extends outdoor mall shopping spree

Cohen & Steers purchased seven such properties in 2024
Cohen & Steers and Sterling Organization have paid $127 million for the Bridgepointe Shopping Center, a 24-acre outdoor mall on the border of San Mateo and Foster City. (CoStar)
Cohen & Steers and Sterling Organization have paid $127 million for the Bridgepointe Shopping Center, a 24-acre outdoor mall on the border of San Mateo and Foster City. (CoStar)
CoStar News
January 9, 2025 | 7:42 P.M.

With some analysts declaring a retail renaissance for suburban strip malls, an outdoor shopping center in San Mateo, California, is the latest of a slew of such properties to change hands in recent months.

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