NorCal Mervyns store trades hands

Asset sold at nearly $200 a square foot
Published on Oct 8, 2007

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by CareyBot

A Mervyns department store in Hayward, Calif., has sold to an out-of-area real estate group for $66.5 million. Mervyns, which has more than 200 locations in the western United States, in a separate transaction “inked a triple-net lease (at the ...