Madison Marquette Sells 42-Acre Bayfair Center Regional Mall in San Francisco Bay Area

by Katie Sloan

San Leandro, Calif. — An affiliate of Madison Marquette has completed the sale of Bayfair Center, a 42-acre regional mall located adjacent to a BART subway station in San Leandro. B3 and GAW Capital Partners acquired the property for an undisclosed price. Located at 15555 E. 14th St., Bayfair Center was 91 percent leased at the time of sale to tenants including Target, Century Theaters, Macy’s, Kohl’s, Bed Bath & Beyond, Ulta Beauty, Old Navy, 24 Hour Fitness and PetSmart. The property includes one primary mall building and five outparcel buildings offering a total of 816,771 square feet of space. Nicholas Bicardo, Steven Golubchik, Jonathan Schaefler, Darren Hollak and Cheyne Bloch of Newmark represented the seller in the transaction.

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