Former Mervyn’s HQ in Hayward turned into apartment complex is bought for $200 million-plus

HAYWARD — An apartment complex that replaced the former headquarters of the Mervyn’s department store chain in downtown Hayward was bought for $205.3 million, documents filed on Oct. 28 with the Alameda County Recorder’s Office show.

Through an affiliate, Essex Property Group acquired the mixed-use development Lincoln Landing at 22335 Foothill Blvd. through an all-cash deal, according to the real estate filing.

Nine years after Mervyn’s collapsed in 2008, Hayward city officials approved the mixed-use project, which was touted as a key component for the downtown’s future…

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