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Upgrade for Offices October 29, 1998
Hoping to attract tenants throughout the area, a San Francisco real estate investment firm will upgrade the Hayward office complex if purchased for $10.5 million, the company announced Wednesday. ATC Partners, LLC purchased the three-building, 165,000 square foot complex, located behind Southland Mall, from Lend Lease Real Estate investments and Merrill Lynch. The complex, constructed in the 1960s along with the mall, is in need of a "90's upgrade," said ATC Partners owner Michael Halper. "It's a nondescript building, we're going to make it distinct," Halper said. This sale is the first time that the mall and the office complex are not owned by the same person or company.
from The Daily Review
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