✉news BusinessRetail first seen 22 h ago, last 7 h ago, peak #11

Safeway-anchored Pleasanton shopping center sells for $70 million-plus

Original: Safeway-anchored retail hub in Pleasanton lands buyer for $70 million-plus

A Safeway-anchored retail center in Pleasanton, California has been sold to a buyer in a deal valued at more than $70 million. The transaction, reported by Bay Area news outlets, underscores continued investor interest in grocery-anchored shopping centers in the East Bay despite broader uncertainty in the commercial real estate market. The buyer's identity and plans for the property were not immediately detailed in the reports.

Why now: Commercial property deals of this size draw attention amid ongoing questions about the retail real estate market.

SafewayPleasanton, CaliforniaEast Bay

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Evidence

• Safeway-anchored retail hub in Pleasanton lands buyer for $70 million-plus · SiliconValley.com
• Safeway-anchored retail hub in Pleasanton lands buyer for $70 million-plus · East Bay Times

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