A big apartment and retail complex in downtown Mountain View has been bought for more than $100 million.
ARLO Mountain View, a mixed-use complex consisting of 164 apartments and ground-floor grocery, retail and restaurant spaces at 801 West El Camino Real and 1030 Castro Street in downtown Mountain View.MOUNTAIN VIEW — A big apartment and retail complex in downtown Mountain View has been bought for more than $100 million in a deal that may send mixed signals about the Bay Area real estate market.
ARLO Mountain View, a mixed-use complex consisting of 164 apartments and ground-floor grocery, retail and restaurant spaces at 1030 Castro Street and 801 West El Camino Real in downtown Mountain View. San Mateo-based Essex Trust, acting through the affiliate, bought the complex through an all-cash deal.
The just-bought Mountain View site features ground-floor merchants such as Rose International Market a grocery store; Mr. Sun Tea, a bubble tea and milkshake shop; and Oh Honey Macaron, a bakery.
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