Safeway Leases Retail Space In Market Park Shopping Center, San Jose | Market Park Shopping Center | Retail | Lease

Summary

Lease

CALIFORNIA

Retail

65,000 sqft

The Market Park Shopping Center located in San Jose has recently been leased. The 65,000-square-foot retail space was leased by Safeway at an asking rent of $72 per square foot.

Summary of transaction details

Property Type: Retail
Transaction Amount: Lease
Date: 08/02/2018
Address: Market Park Shopping Center, San Jose
Tenant: Safeway
Landlord: SJ Mercado Properties
Tenant's Representative: SRS Real Estate Partners
Landlord's Representative: Borelli Investment Company

The Market Park Shopping Center is part of the SJ Mercado Properties' 100,000-square-foot retail center. This retail center is located in Market Park, which is a $3 billion, 120-acre development in San Jose. The development includes 4,000 residential homes that are either built or currently under construction, according to the Market Park's website.

Details

Deal Summary

LEASED

IMAGE: Robert Edwards and Patrick Mercado DATE: 08/02/2018 ADRESS: Market Park Shopping Center CITY: San Jose ASSET TYPE: Retail TENANT: Safeway LANDLORD: SJ Mercado Properties TENANT'S REPRESENTATIVE: SRS Real Estate Partners LANDLORD'S REPRESENTATIVE: Borelli Investment Company ASKING RENT: $72 SF: 65,000 NOTE: The SJ Mercado Properties‘ 100,000-square-foot retail center will be in Market Park, a $3 billion, 120 acre-development in San Jose with 4,000 residential homes either built or currently under construction, according to Market Park’s website.

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AddressMarket Park Shopping Center

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