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19379 Stevens Creek Boulevard

J. Marc Perrin Of Roxborough Group Acquires Retail Complex In Cupertino For $130M
SOLDRetail

J. Marc Perrin Of Roxborough Group Acquires Retail Complex In Cupertino For $130M

19379 Stevens Creek Boulevard & 19540 Vallco Parkway

$130,000,000

$992/SF

Building Size

131,000 SF

Asset Type

Retail

Closing

Jul 29, 2026

AI

The retail complex located at 19379 Stevens Creek Boulevard & 19540 Vallco Parkway in Cupertino, CA, has been sold for $130,000,000. The property features a total area of 131,000 square feet, resulting in a price per square foot of $992.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $130,000,000
  • Buyer: J. Marc Perrin - Roxborough Group
  • Seller: Peter Pau
  • Lender:Equitable Financial Life Insurance of America
  • Loan Amount: $91.4 million
  • Square Footage: 131,000
The transaction involved J. Marc Perrin representing Roxborough Group, which acquired the retail complex named Main Street Cupertino, strategically located near Apple's headquarters. The seller, a group led by Peter Pau, completed this significant deal amidst growing investor interest in Cupertino.

Players

J. Marc Perrin

The Roxborough Group LLC

Broker

$211.6M

vol

2 deals

Broker

J. Marc Perrin

Roxborough Group

Buyer

$211.6M

vol

2 deals

Buyer

Peter Pau

Seller

$171.6M

vol

2 deals

Seller
 Equitable Financial Life Insurance
Equitable Financial Life InsuranceLender

Cupertino Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.12%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93