ROIC California LLC Acquires Jackson Square Shopping in Hayward for $32.5M

by Nellie Day

HAYWARD, CALIF. — ROIC California LLC, a subsidiary of Retail Opportunity Investments Corp., has acquired Jackson Square, located at the southwest corner of West Jackson Street and Amador Street in Hayward. Terramar Retail Centers LLC sold the property for $32.5 million.

The fully occupied, 114,220-square-foot retail center is anchored by Safeway, CVS and 24 Hour Fitness. Additional in-line tenants include Starbucks Coffee, Chase Bank, Round Table Pizza and Patelco Credit Union.

Dan Wald, Eric Kathrein and Justin Sharp of DTZ represented the seller in the transaction.

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