FOSTER CITY, CA-Retail Opportunity Investments Corp. has acquired Marlin Cove Shopping Center, a 74,596-square-foot property in Foster City, in an off-market deal for $17.38 million. The retail center, located at 1070-1098 Foster City Blvd., comprises a three-story office structure and 53,379 square feet of retail space.

The seller of the property was not revealed. The shopping center is 75% occupied. Cornish & Carey Commercial Newmark Knight Frank's Ryan Forsyth negotiated the deal on behalf of the buyer. For the full story, go to Silicon Valley/San Jose Business Journal .


GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

NOT FOR REPRINT

© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.