A real estate company based in Danville, along with other local investors, recently paid over $10 million for an 8.4-acre parcel of land at the Stoneridge Shopping Center in Pleasanton, which includes the former Nordstrom building and a large surface parking lot.
Danville-based 300 Venture Group (3VG), a privately held real estate investment, says on its website that it acquired the land because it offers a “large-scale, infill redevelopment opportunity in a supply-constrained market”.
“We are actively collaborating with and seeking input from all stakeholders regarding the future use of the location including the City of Pleasanton,” Kameron Klotz, a founder and managing partner at 3VG, told the Pleasanton Weekly…