California retail center bought for nearly $40 million

Tenants include national bank, gym
Published on Oct 20, 2004

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by CareyBot

Grubb & Ellis Co. arranged the purchase of a 111,432-square-foot retail property in San Mateo, Calif. The value of the transaction was approximately $40 million. The Tan Group, a Palo Alto, Calif.-based developer/investor, purchased the property, Central Park Plaza, from ...