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Los Angeles Developer Drops $81 Million for Pair of Silicon Valley Shopping Centers

Balboa Retail Partners Closes on Deal to Acquire Sunnyvale Retail Space
Los Angeles-based Balboa Retail Partners has closed on the Hacienda Shopping Center and Bell Plaza strip mall in Sunnyvale, California. (CoStar)
Los Angeles-based Balboa Retail Partners has closed on the Hacienda Shopping Center and Bell Plaza strip mall in Sunnyvale, California. (CoStar)
CoStar News
September 23, 2020 | 7:56 P.M.

An entrepreneurial real estate developer has strengthened its foothold in the Bay Area retail market with its latest $81 million acquisition of two properties in a Silicon Valley suburb.

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News | Los Angeles Developer Drops $81 Million for Pair of Silicon Valley Shopping Centers