The Shops at Waterford Retail Center in Dublin In Escrow

The Shops at Waterford, located at Dublin Blvd. & Tassajara Road is being sold. Safeway, Wells Fargo, Peet’s Coffee, Pet Food Express, Baja Fresh, Amici’s, and a variety of other tenants all reside in the center. The current vacancy in the shopping center is minimal, 6,600± square feet left behind by Stacey’s and two in-line spaces totaling less than 2,800± square feet.

 The buyer has yet to be disclosed and escrow is expected to close in about 45 days. Shea Properties is the seller.

This is the second ownership change in the center this year. In September all 390 apartments above the retail were sold to company out of Texas. Purchase price is rumored to be $79.7 million or approximately $205,000 per unit (6.3% CAP rate).

Advertisements

About thestorefront

Commercial Real Estate Broker in the San Francisco Bay Area specializing in retail sales and leasing.

One thought on “The Shops at Waterford Retail Center in Dublin In Escrow

  1. Pingback: Waterford Shopping Center in Dublin Officially Sold « The Storefront

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s