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Coastal California Shopping Center Sells to Active Mall Investors

Bridge Group, Steerpoint Capital Spend $93 Million on Northridge Mall in Salinas

The Northridge Mall in Salinas, California, is roughly 600,000 square feet and features a Macy's and J.C. Penney. (CoStar)
The Northridge Mall in Salinas, California, is roughly 600,000 square feet and features a Macy's and J.C. Penney. (CoStar)

A 64-acre mall near San Jose, California, has sold to an active mall investment group that's been busy buying properties in the Golden State in the hopes of bringing new life to the struggling shopping center segment.

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