Two East Bay shopping centers that are each anchored by a Safeway grocery store have been bought in separate deals for a combined $88.9 million by out-of-state investors.
The neighborhood shopping centers that were bought are located in Clayton and Walnut Creek, according to documents filed in recent weeks with the Contra Costa County Recorder’s Office.
Some investors from outside California are showing signs of interest in buying retail centers that are anchored by grocery store chains, recent property deals suggest.
Here are some of the details of the recent shopping center purchases in the East Bay, as detailed in grant deeds posted with the county:…