The former Sears building near the Eastridge Center mall in San Jose could soon be getting a revamp after it was recently acquired on Sept. 2. According to public records, the 260,100 square foot retail site was purchased by an affiliate of Intelli, a real estate investment group associated with Do Van Tron. The property was sold by Seritage Growth Properties for $24.8 million, or about $95 per square foot.
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