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Another Bay Area Shopping Mall Is Set To Close For Good

Shopping Friends

Photo: Getty Images

Another Bay Area shopping center has been sold and is set to close for good!

Bayfair Center, owned by Newmark, in San Leandro has reportedly been sold for $57 Million. The 42-acre shopping center was reportedly 90% leased at the time of the sale with retailers including Target, Macy's, Kohl's, Old Navy, Century Theaters, 24-Hour Fitness and more.

The oversized property and proximity to freeways, public transportation and BART, made the shopping center an ideal space for buyers. Plans for the space are rumored to be for a future "life science" center.

Get more information here!


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