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American Realty Advisors Lands Premium Price in Deal To Sell Off Target-Anchored Silicon Valley Shopping Center

Global Real Estate Investor Scoops Up San Jose Retail Asset for $54.5 Million
LaSalle Investment Management has acquired the eight retail properties included in a Target-anchored shopping center in Silicon Valley. (CoStar)
LaSalle Investment Management has acquired the eight retail properties included in a Target-anchored shopping center in Silicon Valley. (CoStar)
CoStar News
July 1, 2021 | 8:52 P.M.

A global real estate investor's purchase of an eight-property shopping center in Silicon Valley hints that retail demand — and pricing — could be heading for an upswing, after the coronavirus pandemic shoved the Bay Area's commercial retail sector through the wringer last year.

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