Joint Venture Acquires 120,000 SF Retail Center in Oakland

by Nellie Day

OAKLAND, CALIF. — A joint venture between Western Avenue Capital and Northstar Enterprise Opportunity Fund I has acquired Foothill Square Shopping Center in Oakland for an undisclosed sum.

At the time of sale, the 120,000-square-foot property was 95 percent leased to national and regional tenants, including FoodsCo, Ross Dress for Less, Wells Fargo, Davita, Rainbow and a school. The name of the seller was not released.

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