The Real Deal An affiliate of MetLife Investment Management has paid $92.5 million, or $470.26/sf, for the 196,700-square-foot Homestead Shopping Center in Cupertino, Calif. The Parsippany, N.J., investment manager purchased the property from the Sobrato Organization. The property was built in 1976 at 20572-20688 Homestead Road, about 45 miles south of San Francisco. It underwent […]

The post MetLife Pays $92.5Mln for Retail Center in Cupertino, Calif. appeared first on Commercial Real Estate Direct.