Sunhill Corporation Purchases Whole Foods Market Property In Los Gatos For $45.9 Million

The property involved in the transaction is a retail asset located at 15600 Los Gatos Boulevard in Los Gatos, California. The total sale price for the asset is $45,900,000, with a total square footage of 40,000. The property was part of a redevelopment project that transformed the site of a former Chevrolet dealership into a grocery-anchored retail space.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $45,900,000
• Square Footage: 40,000
• Price Per Square Foot: $1,148
• Buyer: Sunhill Corporation
• Seller: Peter Pau - Sand Hill Property
• Date of Sale: 08/06/2026
• Market: Los Gatos, CA

Sand Hill Property Company sold the Whole Foods Market property to an affiliate of Sunhill Corporation shortly after the store's opening. This sale reflects a successful execution of the redevelopment plans for the site.