Housing & Development · Pleasanton, CA
Florida Firm Buys Pleasanton Gateway Shopping Center for $79.1 Million
Sterling United Properties, an affiliate of Florida-based Sterling Organization, purchased the 128,275-square-foot Pleasanton Gateway Shopping Center for $79.1 million, with documents filed Oct. 1 at the Alameda County Clerk-Recorder's Office. The sale price is approximately 16% below the center's $94 million assessed value as of July. The center, located near Interstate 680 at Valley and Bernal avenues, houses tenants including Safeway, CVS, Wells Fargo, Mike's Bikes, The Habit Burger Grill, Panda Express, and Starbucks.